About Lusaka south multi facility economic zone
Lusaka South Multi Facility Economic Zone: A Vibrant and Integrated Industrial, Commercial, and Residential Satellite City
Lusaka South Multi Facility Economic Zone (LSMFEZ) is a dynamic economic hub located in the southern part of Lusaka, Zambia. The company's primary objective is to establish a vibrant and integrated industrial, commercial, and residential satellite city that will serve as an economic driver for Lusaka.
The LSMFEZ project covers an area of 1,300 hectares and is strategically located along the main road connecting Lusaka to Livingstone. The project aims to attract local and foreign investors by providing world-class infrastructure facilities such as roads, water supply systems, power supply systems, telecommunication networks, waste management systems among others.
The LSMFEZ project has been designed with the aim of creating a sustainable environment that promotes economic growth while preserving natural resources. The development plan includes green spaces such as parks and gardens that will provide recreational areas for residents while also promoting biodiversity conservation.
One of the key features of LSMFEZ is its focus on creating an integrated community where people can live close to their workplaces. This approach not only reduces commuting time but also promotes social cohesion by bringing together people from different backgrounds.
LSMFEZ offers various investment opportunities in sectors such as manufacturing, agro-processing, logistics & warehousing services among others. Investors can take advantage of Zambia's strategic location within Southern Africa which provides access to regional markets such as COMESA (Common Market for Eastern & Southern Africa) with over 500 million consumers.
The LSMFEZ project has already attracted several investors who have set up operations within the zone. These include companies involved in manufacturing cement products; producing steel products; processing agricultural produce; providing logistics services among others.
In addition to attracting investments into Zambia's economy through job creation opportunities for locals at all levels including unskilled laborers who are trained on-site before being employed, LSMFEZ also contributes to the country's economic growth by generating revenue through taxes and other fees.
LSMFEZ is committed to promoting sustainable development practices that will benefit both the environment and society. The company has implemented various initiatives such as waste management programs, water conservation measures, and renewable energy projects among others.
In conclusion, Lusaka South Multi Facility Economic Zone is a game-changer for Zambia's economy. The project provides an opportunity for local and foreign investors to invest in a world-class infrastructure facility that offers various investment opportunities in different sectors. LSMFEZ is committed to creating a sustainable environment that promotes economic growth while preserving natural resources. With its strategic location within Southern Africa, LSMFEZ is poised to become a major economic driver not only for Lusaka but also for the entire region.