171 com­pa­nies reg­is­ter for Cen­tral Expo as CEC do­nates K250,000

Daily Nation Newspaper - - HOME NEWS - By Na­tion Re­porter

About 171 lo­cal and for­eign com­pa­nies have reg­is­tered to ex­hibit at the forth com­ing Cen­tral Prov­ince In­vest­ment Fo­rum and Expo to be held this month from the 8th to 13th. Pro­vin­cial per­ma­nent sec­re­tary, Chanda Kabwe said of the 171 ex­hibitor com­pa­nies, 116 are lo­cal while 55 are for­eign. Speak­ing when he up­dated chiefs from the Cen­tral Prov­ince chiefs’ coun­cil chaired by Chief Mukonchi in his of­fice shortly be­fore re­ceiv­ing the do­na­tion from Cop­per­belt En­ergy Cor­po­ra­tion (CEC), Mr Kabwe said the 55 for­eign com­pa­nies com­ing for the event are from the SADC re­gion, Europe and Asia. Mr Kabwe said the com­pa­nies have shown in­ter­est to in­vest in al­most all the sec­tors of the econ­omy among them agri­cul­ture, agro pro­cess­ing, tourism, en­ergy and in­fra­struc­ture de­vel­op­ment. "For us as a prov­ince your royal high­nesses, this is a good num­ber of com­pa­nies and we are op­ti­mistic that they will in­vest in the prov­ince," said Mr Kabwe. He fur­ther said 79 lo­cal and for­eign in­di­vid­u­als have reg­is­tered for the event with an in­ter­est to in­vest in the prov­ince with a big num­ber of them be­ing lo­cal. And the Cop­per­belt En­ergy Com­pany (CEC) has do­nated K250,000 cheque to­wards suc­cess­ful host­ing of the expo. CEC Head of gov­ern­ment and in­vestor re­la­tions, Sylvester Hiba­jene said the ap­proach that gov­ern­ment has taken of was crit­i­cal to show­cas­ing the en­dow­ment that the coun­try has to of­fer. Speak­ing when he handed over the do­na­tion to Mr Kabwe, Mr Hiba­jene said Cen­tral prov­ince was en­dowed with re­sources that are wait­ing to be har­nessed by both lo­cal and in­ter­na­tional com­pa­nies. "The forth­com­ing In­vest­ment Fo­rum and Expo is walk­ing the talk of diver­si­fi­ca­tion which gov­ern­ment is pro­mot­ing," said Mr Hiba­jene. He has as­sured gov­ern­ment of the com­pany's sup­port in de­vel­op­ing the huge en­ergy po­ten­tial that the coun­try has be it hy­dro, so­lar or wind among oth­ers. Speak­ing ear­lier, Chief­tai­ness Muwezwa of Ithezi Tezhi dis­trict thanked CEC for do­nat­ing to­wards the expo and said as tra­di­tional lead­ers in the prov­ince, they would sup­port the event. Her royal high­nesses who is the pro­vin­cial chiefs’ coun­cil deputy sec­re­tary said they were geared to work with in­vestors that would come to in­vest in the prov­ince. "We are ready to work with in­vestors and part­ner with our sub­jects and part­ners in de­vel­op­ment, We are tied of rhetoric, what we need is ac­tion," said Chief­tai­ness Muwezwa. And Chief Chi­ta­mbo of Chi­ta­mbo dis­trict has ap­pealed to Zam­bians to sup­port the event which he said was car­di­nal for di­ver­si­fy­ing the econ­omy of the coun­try. "Don't politi­cize this event. Let's di­ver­sify from cop­per to agri­cul­ture. And as tra­di­tional lead­ers will give you land for in­vest­ment," said Chief Chi­ta­mbo. Chief Mukonchi of Kapiri, Shaibila and Chitina of Mkushi, Chamuka of Chisamba, Chi­ta­mbo of Chi­ta­mbo and Chief­tai­ness Muwezwa of Itezhi Tezhi wit­nessed the do­na­tion after be­ing up­dated on the Expo by Mr Kabwe.

Newspapers in English

Newspapers from Zambia

© PressReader. All rights reserved.