In Zambia, food company Java Foods opened its first noodle production plant in 2020. Following the success of this opening, it is now time for further investment.
In Zambia, Java Foods has just signed a $6.5 million investment agreement with the Lusaka South Free Trade Zone Commission (LSMFEZ). The information was reported by the local daily Lusaka Times on June 21.
As part of this new partnership, the company, which is one of the leading producers of instant noodles in Southern Africa, plans to set up a new, modern factory.
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The new unit will occupy an area of 4.7 hectares in the industrial free zone, and is designed to serve the domestic market, Southern Africa and other African destinations. Once operational, it is expected to contribute to the creation of over 200 new jobs.
“We encourage local and foreign investors interested in developing commercial facilities, research and development, as well as residential projects, to express their interest as a matter of urgency, while land is still available,” said Alice Schultz, LSMFEZ Corporate Affairs Manager.
With this new investment, Java Foods will eventually have a second processing facility in the country. The company, founded in 2012, already has a factory also based in Lusaka in the Chinika Industrial Zone.