The Zambia Development Agency (ZDA) Director General Patrick Chisanga has unveiled an aggressive investment promotion strategy focused on attracting massive investment in the agriculture, manufacturing, tourism, construction and energy sectors, reports Pan African Radio Journalist Hermit Hachilonde.
Mr. Chisanga stated that the Agency in conjunction with the Ministry of Commerce, Trade and Industry and Home strings Limited, a United Kingdom based organization, are geared to host the 5th edition of the Zambia International Investment Forum (ZIIF) slated for 21st and 22 of April, at Mulungushi International Conference Centre in Lusaka.
He said the Zambia International Investment Forum (ZIIF) 2016 will be held under the theme “Investment for Industrialization, Wealth and Job Creation” and will attract over 400 delegates comprising foreign investors, local investors, financiers, captains of industry, Government officials and other interest groups and individuals seeking investment opportunities in the Zambian economy.
“As the theme suggests, the focus of the ZIIF 2016 is the transformation of traditional sectors such as agriculture, mining and manufacturing into modern, dynamic, and competitive sectors through the injection of private sector investment for economic prosperity,” said Mr. Chisanga.
Mr. Chisanga said the main objective of the Forum is to attract major investors from diverse countries in the world and sell Zambia as a profitable frontier for trade and investment.
“ZIIF 2016 is a perfect platform for Zambian companies both emerging and established companies and Micro, Small and Medium Enterprises (MSMEs) to interact, network, have business to business meetings with international fund and equity managers and captains of industry,” explained the Director General.
He added that forum will further focus on promoting Greenfield Investments through Joint Ventures and partnerships between local and international investors.
“ZDA is hopeful that by the end of the Forum, Zambian companies will access funds, and create synergies and Joint Ventures with international industry players,” Mr Chisanga said.
Mr. Chisanga has however called on the business community in the country and abroad to take advantage of the Forum to grow their business by participating in the Forum at K2, 500 for local delegates and K5, 000 for international participants.
“It is expected that by the end of the ZIIF there will be increased awareness about Zambia’s investment environment and opportunities resulting into increased inflow of investment into Zambia,” said Mr. Chisanga.
He further stated that the Forum will further increase trade between Zambia and participating countries as well as increased cooperation between ZDA and delegations of participating countries.
Mr Chisanga also encouraged companies to partner with the Agency by taking up various sponsorship packages that have been lined up for sponsors and partners. These include the Platinum, Gold, Silver and Bronze Sponsorship packages as well as item sponsorship.