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CGCC Signed the Contract for Maize Flour Processing Plant Project in Zambia
Date:2020-03-10 VisitCount: Font size:[ L M S ]

On March 3 (local time), CGCC International and Zambian Co-operative Federation LTD signed a cooperation agreement on the maize flour processing plant project in Lusaka, the capital of Zambia, marking a successful breakthrough of CGCC into the “non-electricity” market of Zambia. This is another outcome of CGCC's comprehensive efforts to prevent and control the epidemic situation of COVID-19, resume work and production, expand business areas, strengthen the “going global” strategy of non-electricity business, and promote the high-quality and sustainable development of international business.

Scene of the signing ceremony

Zambia, located in the hinterland of southern Africa and rich in agricultural resources, is the first southern African country to establish diplomatic relations with New China. Maize flour is the most important staple food for African people, including Zambia, and therefore the maize flour processing plant has been identified as a priority project by the Zambian Government. The contract scope of the project mainly covers the design, procurement and construction of maize flour processing plants and ancillary facilities in Mansa, capital of Luapula Province, Zambia and ten surrounding rural areas.

After completion, the project is expected to remarkably increase the supply of maize flour in Zambia, reduce the transportation costs of raw materials and finished products, create jobs in rural areas, promote the large-scale production of crops, and increase export and foreign exchange earnings, benefiting the country's economic development and people's livelihood.

The owner of the project, Zambian Co-operative Federation LTD, which was founded in 1973, is committed to promoting the modernization and economic development of rural areas, and is mainly engaged in the processing and marketing of crops and related agricultural products, as well as agricultural services, warehouse rental, office rental, cargo transportation, etc. Now, the company has more than 50,000 registered cooperatives and 2.5 million individual members.

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