Kapiri Glass Manufacturing Company chairman Costain Chilala said new machinery for the plant is expected to arrive in the country early next year.
Mr Chilala said in an interview that all the preparations at the factory are going on has planned.
“We are proceeding very well with the reviving of the plant. The project is right on schedule as we speak, works are going on schedule and expected to be completed by November 2013.The new machinery is expected to arrive in the country somewhere between April or May, 2013.
“Immediately the new equipment arrives it will be installed and production will commerce,” he said.
Mr Chilala said once the plant commences production it will create about 600 jobs for the local people in the area.
Recently, KGM signed a K40 billion (US$8 million) loan agreement with the PTA Bank to revive the plant.
Mr Chilala said demand for glass products has increased since the closure of the factory resulting in the importation of the product.
The KGMC,formerly Kapiri Glass Plant, plant is estimated to cost US$22 million out of which US$13.6 million is working capital required to revamp the factory. Of the total US$13.6 million, the company has sourced US$8 million from PTA Bank, another US$2 million from Development Bank of Zambia while the remainder will be funded by Chimsoro Group of Companies.
The plant will have an initial production capacity of 75 metric tonnes of glass a day and later expand to 100 metric tonnes per day.
KGMC has partnered with more than five equipment suppliers from Switzerland, Italy and Germany that specialise in glass-making equipment.
