Rajan Mahtani, the ex-Chairman of Finance Bank, Zambia, has remained as an integral part of Zambia’s development. His contributions has brought employment to thousands of Zambians and has also strengthen the economy of Zambia by way of commercial banks, cement factories and hotels.

A recent addition to his list of contributions is the bio-ethanol plant which is being setup in the Luapula Province. The plant will bring a big change in the respective area and will cater the needs of the locals as well as the Government. To begin with, the plant would use a readily available crop of that area, named as Cassava. This means that the underutilized potential of the area will now be used in the most effective manner. Additionally, the locals would also get a chance to find a decent employment in the factory which would process the aforesaid crop and produce a bio-product which would be used by Zambia to meet its domestic needs. As per the given estimates, experts believe that another requirement would arise in form of raw material suppliers. About 25000 farmers would be required to meet the supply. Their input combined together would help the factory to meet its necessary requirement.

The plant is being constructed in the Luapula Province at the cost of USD 190 million and is in collaboration with the Mahtani Group of Companies and the Sunbird Group. Rajan Mahtani, who is also the Chairperson of Mahtani Group of Companies, has made yet another remarkable contribution from his side and has given Zambia a reason to smile. The year 2016 has started off with a bang for the 67-year old Zambian businessman and we all hope that he continues to contribute with a dedicated heart and a determined mind. One of the locals, commented, “Rajan Mahtani is our Rolls-Royce!”