Yesterday, Zambia took a significant step forward in its industrial development with the official opening of PDV Metals, a state-of-the-art steel plant in Lusaka. This new facility strengthens Zambia’s position as one of Africa’s most industrious countries, renowned for its impressive local manufacturing capabilities.
Zambia’s strategic focus on local production has earned it the distinction of having the lowest metal importation rate in Africa. The country’s robust manufacturing sector, driven by its vast mineral resources, enables it to export metals to neighboring nations. The addition of PDV Metals to Zambia’s existing network of similar plants is expected to further enhance this capability.
The opening of PDV Metals is aligned with Zambia’s ambitious goal of adding value to its minerals by manufacturing goods locally. Currently, the country utilizes its mineral wealth to produce essential products, including electricals, metals, and heavy-duty construction materials. This approach not only stimulates economic growth but also reduces reliance on imports.
<p>The post New Steel Plant Opens in Zambia, Boosting Local Manufacturing Capacity first appeared on Dandaro Online.</p>
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