Ndola
A view of the Ndola Central Business District

Chinese enterprises are among foreign firms that have expressed interest to invest in Zambia’s Ndola city on the Copperbelt Province, which was once an industrial hub.

Ndola city has remained dormant after several industries closed down in the 1990s due to the liberalization of the country’s economy.

Amon Chisenga, the city’s mayor, said some Chinese and Israeli firms have shown interest to invest in the city as a way to revive the once blossoming city.

He said so far three Chinese firms have expressed willingness to partner with the local authority to revive industries in the city.

“We have lined up meetings with our Chinese counterparts on how best to invest in the district as a way of revamping the industrial hub in the province, we have several buildings which are not in use,” he said.

The city, he said, intends to hold the Copperbelt 2020 expo as a way to lure not only Chinese investors but those from other parts of the world as well. Enditem

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