Tuesday, April 23, 2024

Kingdom of Bahrain expresses interest to explore investment openings in Zambia

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Foreign Affairs Minister,Harry Kalaba meets Education Minister of kingdom of Bahrain, Dr.Majed Alnoaimy during the summit of ministers in Equatorial Guinea
Foreign Affairs Minister,Harry Kalaba meets Education Minister of kingdom of Bahrain, Dr.Majed Alnoaimy during the summit of ministers in Equatorial Guinea

The Kingdom of Bahrain has expressed interest to explore investment opportunities in Zambia.

Bahrain Education Minister Majed Bin Ali Al Noaimy said the political stability and investor-friendly policies make Zambia an attractive investment destination.

ZANIS reports that He was speaking when he held a bilateral meeting with Foreign Affairs Minister Harry Kalaba in Malabo, Equatorial Guinea, on the side-lines of the fourth (4th) Africa-Arab summit which officially opens tomorrow Wednesday November 23, 2016.

Bahrain is a nation comprising more than 30 islands in the Persian Gulf which has been at the centre of major trade route.

And Mr. Kalaba said Zambia welcomes investors whose investment is mutually beneficial.

He said investment opportunities exist in many sectors, particularly agriculture as Zambia is vigorously pushing for the diversification of the economy.

Mr. Kalaba said Zambia has vast fertile virgin land and plenty of water which makes agriculture a viable prospect.

He said Zambia has vast investment opportunities which the Arab countries can take advantage.

Mr Kalaba said the political stability in Zambia also makes it an attractive investment destination.

9 COMMENTS

  1. I look forward to the day African leaders will stop asslicking so called ‘investors’. Lets learn to manufacture things ourselves and stop being so dependant on colonisers.

  2. Ati we have plenty of water & yet blaming load shedding due to drought & lack of water. Ha ha ha, @ times u can’t tell who is saying what.

  3. It is really laughable that while Zambian investors cannot even be entertained in these highly bigoted countries we are busy considering supplying goats, selling agric land and so-called “investment” options. So now what? Ejected Afrikaaners from SA to farm, clearly oppressive goat meat consumers from the east… God help our children

  4. Every insect is an investor. We are learning this were learning that. Gather some confidence and play your own game. There is will always be room for those willing to step forward.

    • And what is our “own game”???
      In so far, it looks like we are playing water-polo with golf ball and instead of swimming pool we are playing on downhill slope!!!
      There is no predetermined direction, nor defined purpose. Just empty slogans from incompetent ministers trying to justify extravagant and necessary expenditure.

  5. STICK WITH AND SUPPORT YOUR OWN PEOPLE. ZAMBIANS, CAN DO FARMING ONCE BACKED BY WORKING/PRACTICAL GOVERNMENT POLICIES. BUT, IF ZAMBIANS ARE GOING TO USE HOES TO FARM, THEN FORGET. THEY CAN ONLY MANAGE APAKULIMA CIBWABWA NO LUKASU. LIKE EXTENSION OFFICERS, THE GOVERNMENT SHOULD BUY AND DEPLOY TRACTORS TO A GROUP OF FARMERS IN DEFINED AREAS SUCH AS FARMING BLOCKS AND THOSE TRACTORS SHOULD BE OPERATED BY GOVERNMENT EMPLOYED OPERATORS TO PLOUGH LANDS FOR FARMERS, INITIALLY. IN NOT A LONG TIME THE GOVERNMENT SHOULD MAKE A PROVISION FOR THE ACQUIRING OF TRACTORS BY WAY OF LOANS. THIS IS JUST AN EXAMPLE, THERE MAY BE BETTER WAYS OF DOING IT. HOWEVER, FARMERS MUST BE EQUIPED WITH NECESSARY MACHINERY FOR FARMING.

  6. LOL…LMAO…Ba Kalaba, the color of your suit is a disgrace. Just find out from Chief Sosala, he knows how to dress.

  7. @Maharaji, I agree with you. always begging for the so called investors to come. when are we going to invest in Arab, Asian and European nations?

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