Copperbelt Energy Corporation donates USD25,000 for Central Province Expo
The LuSE listed power transmission company becomes largest single donor to the largest provincial expo’s
The Copperbelt Energy Corporation (CEC) donated K250,000 (circa. USD25,000) towards the 2018 Central Province Investment Forum and Expo to become the largest single donor for the region’s biggest exhibition slated for this week.
Speaking during the cheque presentation to central province permanent secretary Chanda Kabwe, Silvester Hibajene who is CEC head of government and investor relations said that his company was proud to be associated with the Expo.
Hibajene said CEC which would also be exhibiting at the event believed that the use of the Expo by the Government to attract invest was critical in showcasing the country’s endowment.
“We also believe that Central Province is well endowed with various resources waiting to be harnessed and the Expo presents great opportunity to bring investors to develop this potential we have,” said Hibajene.
Hibajene noted that the Expo was a clear demonstration of “walking the talk” of diversification that the Government had been talking about for a long time.
Meanwhile, the Permanent Secretary also announced that more than 170 including 55 foreign companies have registered for participation at the even that would be held at Mulungushi University Main Campus.
Speaking after receiving the cheque, Kabwe said the Provincial Administration was grateful to the energy company adding that the donation would go a long way in the preparations for the Expo.
The foreign companies that have confirmed participation include those from China, Pakistan, South Africa, United Kingdom, Canada and Australia as well as Bangladesh.
The Central Province PS further noted that the majority of the companies were local and expressed the exhibition would change the economic outlook of Kabwe and the entire province as a whole.
However, six traditional leaders from the Province including Senior Chief Chitambo of Chitambo District, Chief Chamuka (Chisamba), Chief Muwezwa (Itezhi-tezhi), Shaibila (Mkushi), Mukonchi (Kapiri Mposhi) and Chitina of Mkushi were present to witness the cheque presentation.
Earlier Senior Chief Chitambo who witnessed the presentation with six other traditional leaders from the region hailed the Government for idea of attracting investors through Expo. Chief Chitambo however said that the chiefs in the region were ready to help investors interested to set up various businesses in the region by making land available for serious investors.