
President Rupiah Banda has said that the government intends to put up an ethanol plant in eastern province to reduce the cost of imported oil in the country.
And President Banda says his government will next year extend the Chipata /Mchinji railway to Katete district.
Mr. Banda said his government will increase sugarcane production which will facilitate the production of ethanol oil in the country.
The President observed that Zambia is spending a lot of money on imported oil saying the construction of ethanol plants will enable the country to produce oil.
He stated that it is for this reason that he went to Brazil to learn how ethanol can be used for oil production, among other issues.
He stated that this will also lead to an increase in the levels of employment among people who will work on both sugar and ethanol plants.
And President Banda says his government will next year extend the Chipata /Mchinji railway to Katete district.
He said that government will allocate local resources to extend the railway line to the district before it seeks the international donor community for financial support to further extend the railway line to Lusaka via Petauke.
President Banda stated that government has made scores in the development of the country in various sectors of the economy.
He cited agriculture which has shown a significant output increase saying the country has produced a bumper harvest which has improved the livelihood of farmers.
He stated that Eastern Province produced maize worth K280 Billion which was sold to the Food Reserve Agency (FRA).
“A total of K233 has already been paid to farmers in the province on maize alone,’ he said.
President Banda also noted that there has been an increase in tobacco, groundnuts and cotton production in the province.
He also disclosed that government will next year rehabilitate the Great East road from Luwangwa to Malawi to international standard.
He expressed his commitment to complete the reconstruction of the Chipata/Mfuwe, Chipata/Lundazi, Lundazi/Chama, Chama/Muyomba and Muyombe/Isoka roads to ease transportation of agriculture produce to markets.
The Head of State said government has attained macroeconomic stability saying inflation has been brought to single digit levels with an economic growth at 6 percent.
He observed that the exchange rate has stabilized adding that government has re-organized the budget cycle to allow for better economic management.
President Banda stated that the MMD government has built schools at both primary and Secondary levels.
“There are three new boarding high schools Nyimba, Chama and Chipata and seven Basic schools in Chipata, Petauke, Lundazi and Chama.
ZANIS