A U.S. company plans to set up a plant to manufacture energy renewable products in Zambia which is currently in an energy deficit.
RD Global, which is working with the Japanese firm Mera Group Corporation, prefers Zambia as a destination of investment in the energy sector because of its geographical location in the southern African region, according to Rune Gunnar Dige, the company's global managing director.
Dige said the company wanted to use Zambia as a base to supply energy renewable products to other markets in the region.
The company official said this during a courtesy call on Zambia's Ambassador to the United States Ngosa Simbyakula. He said a company team was expected to arrive in Zambia this month to meet relevant stakeholders to begin working towards a full-scale entry into Zambia's market, said a statement issued by the Zambian embassy.
"With time, the intention is to develop an economic base in Zambia which will include an assembly factory, supporting neighboring markets with Solar LED charging solutions," Dige said.
Editor:Amber
