The President of Zambia, Edgar Lungu, has appreciated the development of the bio ethanol plant which will be soon setup by Mahtani Group of Companies and Sunbird Group. President Lungu suggested that development of this plant would reduce the dependency of Zambia on oil import. The plant will be setup in Luapula district and is also expected to create employment opportunities for about 7, 000 people.
The total investment in this project is about $ 190 million, the first instance when Zambia has attracted such a big investment. The expected output of the plant would be close to 120 million litres of ethanol on a yearly basis. A total of 20, 000 hectare of land has been allotted to the bio ethanol plant for the purpose of offering complete support to the upcoming project.
Collins, a resident of Luapula Province, commented, “Dr. Rajan Mahtani is the key to this project. It was only because of his support that we were able to have investments from UK. It is good to see that the President of Zambia, Edgar Lungu, has also come out in support of this campaign. If all can stand united, we can easily have some more development projects coming soon.”
Dr. Rajan Mahtani is the current Chairman of Mahtani Group of Companies and his involvement in this deal was crucial. Sunbird Group, the UK Giant decided to invest because it had the confidence of Mahtani Group of Companies. With the development around, it has become evident that Zambia is steadily moving ahead towards the path of development. However, conspiracies and jealousy continued to haunt Dr. Rajan Mahtani and Mahtani Group of Companies. The wait of the judicial system to take some serious actions and throw out the Italian Mafias out of Africa, once again and forever. A new sunshine of hope has surfaced in Zambia.