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

Zambian Business Times - - BUSINESS REVIEW -

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.

Cop­per­belt en­ergy power trans­mis­sion lines in Kitwe.

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