Zimbabwean investor keen to launch $500 million ethanol plant in Kawambwa

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A Zimbabwean investor is looking to plough $500 million (€360 million) into an ethanol production plant in Kawambwa, Luapula Province, in Zambia.

Luapula Province’s permanent secretary Chanda Kasolo says the 110,000 hectare sugar plantation has been delayed because of lobbying with the Ministry Mines, Energy and Water Development to issue a Statutory Instrument (SI) to authorise ethanol blending with petrol to use as fuel for vehicles.

The government has constructed two irrigation dams in the area and more are planned to be built by the end of the year.

Kasolo believes Zambia can save huge sums of money by using ethanol blended with petrol as fuel for vehicles and to also help reduce prices of petroleum products.

– See more at: http://www.biofuels-news.com/industry_news.php?item_id=7731#sthash.nKvorXW3.dpuf

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