Vice President expected in India for the 9th CII-EXIM bank conclave
Vice President Guy Scott is expected in India tomorrow to attend the 9th Confederation of Indian Industry (CII)-EXIM Bank Conclave on India-Africa Project Partnership which runs from 17 -19 March, 2013.
Dr. Scott will arrive in India on Saturday, March 16th, 2013 aboard an Emirates Airline at the Indira Gandhi International Airport in the afternoon.
ZANIS reports from India that Zambia’s High Commissioner to that country Susan Sikaneta confirmed this in a meeting held at the Zambian mission in New Delhi yesterday.
Ambassador Sikaneta highlighted that activities of the Vice President’s official engagements will take place in New Delhi.
Other engagements are scheduled to take place in Pune, Mumbai and Udaipur.
In New Delhi, Dr. Scott will pay courtesy calls on his Indian counterpart, Mohammad Hamid Ansari and the Prime Minister Manmohan Singh before the official opening of the conclave.
Ambassador Sikaneta added that Dr. Scott is also expected to chair a plenary during a special session to be held on Zambia.
This means that Zambia will be a guest country.
The business community and investors will be part of the plenary session.
The meeting will focus on showcasing Zambia’s potential in its various economic sectors.
On March 19th, the Dr. Scott will engage a company called Angelique International Limited in a discussion with focus on rural electrification projects in Zambia.
In Zambia, Angelique International Ltd company constructed a substation in Chilanga district.
The company is also expected to put up more sub stations in Kabwe and Livingstone.
The energy and water sectors are among the underdeveloped areas of Zambia’s economy.
In the Patriotic Front manifesto, the importance of energy and water in the development process of the country is recognised.
Additionally, the PF manifesto states that the Zambia Electricity Supply Corporation (ZESCO) will be un-bundled by hiving off the distribution function and taking that function to the local authorities.
The Rural Electrification Authority (REA) which was established in Zambia in 2003 by an Act of Parliament No. 20, has a primary goal to providing electricity to the entire nation, targeting rural communities as mandated by government.
And in Udaipur, the Vice President will tour the world’s biggest zinc mine, which is owned by Vendatta, with an objective to look into modern mechanisation, technology, productivity and automation.
The tour will aim at exploring the possibility of boosting mining development in Zambia.
In Mumbai, formerly known as Bombay, which is India’s financial capital, the Vice President will address the Mumbai Chambers of Commerce and Industry.
While in Mumbai, Dr. Scott will also experience the infrastructure and road network developments.
A visit to the International Technology Park in Pune is another engagement for the Vice President.
His visit to Pune is intended to explore the prospects of setting up an IT Park facility in the economic zone in Lusaka South, which will give drive to economic development in the service sector.
Other activities will focus on the agriculture sector.
The 8th CII-EXIM Bank Conclave on India Africa Project Partnership was held in India last year under the theme, ‘Creating Possibilities: Delivering Value.’
According to the Confederation of Indian Industry (CII)’s website, business results from its last held eight conclaves recorded significant achievements with 1,510 projects worth US$104 billion having been deliberated.
CII, with the support of the Ministry of External Affairs, Ministry of Commerce and Industry, and the government of India, are organising the said event.
The gathering offers an opportunity for participating countries to showcase their work to large numbers of decision makers from Africa.
More than 30 African countries of business leaders and officials will be in attendance.
Dr. Scott will represent Zambia at this year’s conclave.