IN A quest to attract investors from China, Turkey and South Africa, an inaugural investment expo is set for Luapula Province this year.
Luapula Province Minister Nickson Chilangwa said the expo, which will be held in July, is a government flagship initiative to showcase the investment potential in that area.
Mr Chilangwa said this when he paid a courtesy call on Chief Mwata Kazembe of the Lunda people in Mwansabombwe district.
In a statement issued yesterday, Mr Chilangwa said the expo, which is expected to be graced by President Lungu, will attract both local and international investors.
The expo will showcase the vast natural endowments in all the districts of Luapula Province in a bid to woo investors to the region.
“All the 11 districts in the region are expected to market their investment opportunities during the expo,” Mr Chilangwa said.
He appealed to traditional leaders in the province to consider allocating enough land to Government for investment zoning in advance to quicken the process of acquiring land for investments as his office has received a number of requests from local and international and local investors who want to set up various investments.
On the promotion of tourism, Mr Chilangwa said the investors are expected to attend the Umutomboko traditional ceremony during the expo.
Meanwhile, Chief Mwata Kazembe is happy with Government’s plans to develop Luapula and appealed for quick implementation of developmental projects in the province.
He, however, said some projects in the region have stalled.