US Ambassador to Zambia Eric Shultz said Zambia has everything for economic success because it has abundant natural resources which do not only include minerals, but also fertile soil and plenty of water.
Ambassador Shultz said Zambia also has human capital, political stability and peace founded on maturing democratic practices.
He said Zambia has a likelihood of having a thriving commercial agricultural sector which can export food stuffs throughout the world.
He added that Zambia can also have well-run extractive industries with vibrant, value-adding downstream companies generating well-paying jobs.
Ambassador Schultz said Zambia can even be an electricity exporter with hydro dams generating huge power surpluses.
He pointed out that the country can also have a world class tourism industry anchored by the Victoria Falls and with the best safaris and game viewing in Africa all of which can employ hundreds of Zambians to serve millions of foreign tourists.
The Ambassador said Zambia can only achieve economic growth by sticking to democratic values which are built on great institutions including a free media and an active civil society.
He was speaking in Lusaka today during the presentation of a US-Zambia partnership which is aimed at incorporating youths in strengthening bilateral relations.
He said improving the health and education sectors was also cardinal in boosting the country’s economy as it attracts investors.
And UNZA Vice Chancellor Enala Tembo-Mwase commended the US government for taking keen interest in providing moral and financial support to the Zambian government.