Thursday 16 April 2015

Brazilian company plans to set up military gear plant in Zambia

 DISCUSSIONS are underway between the Zambian government and Shacman, a renowned Brazilian firm to set up a military equipment assembling plant in the country.
 Deputy Minister of Defence Christopher Mulenga disclosed that the Brazilian firm has requested to come to Zambia in June this year to further explore possibilities of putting up a plant.
 Mr. Mulenga said this after a meeting with Shacman Chief Executive Officer Reinaldo Reis Vieira and his delegation in Rio de Janeiro in Brazil yesterday.
 The meeting was facilitated by Zambia’s Ambassador to the Federative Republic of Brazil, Cynthia Jangulo.
 Mr. Mulenga is in Brazil where he is attending the tenth Latin American Agribusiness Development Corporation (LAAD) exhibition on defence and security.
 This is according to a statement issued to ZANIS in Lusaka today by First Secretary for Press at the Zambian Embassy in Brazil, Patson Chilemba.
 He explained that the plant will be assembling the troop carrier and other vehicles related to transportation in the defence and security wings.
 Mr. Mulenga said the development has come at the right time when Zambia is facing a challenge of troop carrier vehicles.
 And Mr. Mulenga said Shacman considered it appropriate to invest in Zambia because of her political stability and security.
 He said Zambia will also act as a supplier of the military equipment to the rest of the region.
 He said the company was quite advanced as it supplied most of its goods to several countries across the globe, including the United States of America (USA), Britain, Saudi Arabia, with African interests in Ghana, Namibia and many other countries.
 Mr. Mulenga also held various bilateral meetings with other companies that expressed hope to invest in Zambia, including Embraer, which manufactures commercial, military and cargo planes.