Daily Nation Newspaper

Lunte district expo on cards

- By NOEL IYOMBWA

THE Lungu Royal Establishm­ent (LRE) will this year host the Lunte investment expo.

LRE representa­tive, Chitoshi Mulenga, explained that the initiative came from the establishm­ent after realising that the district has a lot to offer and yet it remains behind in terms of developmen­t.

Dr Mulenga said the investment expo slated for June 1, this year would showcase some of the investment opportunit­ies in the district.

He said Lunte is endowed with plenty of natural resources that could be harnessed for national economic developmen­t.

“This expo is special, as you are aware most investment expos are provincial but this one is a district investment expo. It is purely organised by traditiona­l leaders in Lunte district.

“Lunte is strategica­lly located and agricultur­e resources can be utilized to harness the agricultur­e market in the Great Lakes Region that includes Burundi, Rwanda, DRC and other countries,” he said.

He noted that although there were no mining activities currently, Lunte district has potential for mining of both precious and non-precious stones.

Dr Mulenga observed that processing industries could be developed to add value to the agricultur­e raw materials once the investment­s had been implemente­d in the area.

“The area produces plenty of cassava, beans, maize and other crops that can be introduced for medium scale such as soyabean, sunflower and moringa,” he said.

Dr Mulenga said the establishm­ent has engaged events’ organisers to ensure that all things are in place and goes as planned.

He said that President Edgar Lungu has been invited to officiate at the event while a number of companies have shown interest in participat­ing in the expo.

Dr Mulenga called on corporate entities to come forward and partner with the establishm­ent for the event, whose launch will be held in Lusaka on Friday this week.

He said the launch dubbed ‘Meet the Chiefs’ will be held at Mika convention.

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