Mobile Phone Factory to Be Set Up in Zambia
The Malaysia based handset design firm, M.Mobile is investing US$3 million in setting up a production factory in Zambia. Commerce Trade and Industry Minister Felix Mutati said in an interview with the Times of Zambia that M.Mobile, which is to establish the plant in partnership with a local company Melcome, is expected to start operations later this year. The factory will have a unit capacity of 500,000 per year.
The minister said the assembly plant would be able to assemble cellular phones for both the local and export markets within the Southern Africa Development community (SADC) and Common Market for Eastern and Southern Africa (COMESA) regions. "Zambia will become the hub for exports of cell phones in the region," Mr Mutati said.
M.Mobile says that it is the world's first Muslim-owned mobile phone R&D and marketing company, in a partnership between Malaysia and China. This company is currently in operation under its parent company, Kosmo Technology which announced the acquisition of a 30% stake in M.Mobile in February 2006.
Times of Zambia