An investor has shown interest to set up a 500 megawatts coal driven power station in Chipata district at a cost of 900 million United States dollars.
Eastern Province Permanent Secretary, Chanda Kasolo says
the investment will create over 2,000 jobs.
Mr. Kasolo says discussions on the matter have reached an
advanced stage as the investor is just waiting to come and
identify land.
He says two pieces of land have been offered for the project
but the challenge is that about 20 families will have to be
relocated when the investor choses one of the land.
Mr. Kasolo added that his office has received another
inquiry from another investor interested in setting up a 300
million United States dollar solar and wind farm to generate
200 megawatts of electricity.
He says the province has seen an overwhelming response
from people trying to invest in agriculture ranching, energy
and food processing, which will have a positive impact on
the economy.
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