Blog Post

The Independent Observer > News > KCM Invests $1.8M to Boost Local Economies

KCM Invests $1.8M to Boost Local Economies

By ALICE NACHILEMBE
Konkola Copper Mines (KCM) has launched the KCM Integrated Livelihood Project, valued at $1,895,094, in partnership with Village Water Zambia.

The initiative aims to benefit 18,610 people across Chingola, Chililabombwe, and Shibuyunji.

KCM Chief Operating Officer Malcolm Mewett stated that Vedanta pledged to invest $20 million annually in corporate social responsibility (CSR) projects, administered by the KCM Community Development Trust.

Mr Mewett said the project will enhance farming capabilities, improve access to clean water, and promote environmental preservation.

Copperbelt Minister Elisha Matambo praised KCM’s $1.8 million investment, citing it as a shining example of community empowerment and sustainable development.

Mr Matambo said the project aligns with the government’s vision for diversified economic growth, food security, and income generation.

Village Water Zambia Director Elisha Ng’onomo assured successful project implementation, building capacity for community organizations.

This partnership demonstrates KCM’s commitment to being a responsible corporate citizen, contributing to Zambia’s growth and prosperity.