10 Italian investors coming this month
By BUUMBA CHIMBULU OVER 10 Italian investors representatives are this month expected in Zambia to explore investments opportunities in energy, agro-processing, and other growth driving sectors.
And a delegation from the Gauteng Provincial Government of South Africa is in Zambia from today to 5th November 2017, to promote strategic partnerships and secure bilateral relationships with counterparts.
These developments follows an investor cooperation programme conducted by the Minister of Finance, Mr Felix Mutati, who was a keynote speaker at the Italy-South Africa Business Summit last week in Johannesburg, South Africa.
During the event, investors from both countries urged Mr. Mutati to continue sharing the “positive Zambian story” with the international community so that others who were taking reforms such as Zambia’s, learnt from the country how to structure a focused and bold approach to economic management.
Commenting on the development, Mr. Mutati said Government would remain resolved to continue demonstrating how much it intended to develop Zambia at an accelerated pace to create jobs for people and increase wealth.
Mr. Mutati expressed optimism that tangible progress and mutual benefits would result from the bilateral engagements from both countries.
“As long as the initiatives from the two delegations actualise into investments in partnership with locally registered and indigenously owned Zambian companies, during their visits,” Mr Mutati said.
Meanwhile, the Gauteng team would today visit O.R. Tambo House in Lusaka before proceeding for a working dinner with the Zambia Chamber of Commerce and Industry to discuss Inter-Africa trade and investments.
On Thursday, the South Africans are expected to meet the Minister of Agriculture, Minister of Mines, Minister for Lusaka Province and the Zambia Chamber of Mines.
On their tour of the Copperbelt which begins on Friday, the Gauteng delegation will jointly meet representatives of the Chamber of Mines, Copperbelt Chambers of Commerce, and the Mining Equipment Suppliers, to explore the possibility of enhancing value chain linkages.
The team would also discuss the establishment of a capital equipment business hub on the Copperbelt and seek to forge strategic partnerships with local businesses.