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Alba Iulia
Sunday, January 19, 2020

A delegation of over 14 Finish investors in Zambia to explore investment opportunities

Economy A delegation of over 14 Finish investors in Zambia to explore...

FinlandA delegation of over 14 Finish investors are in Zambia exploring investment opportunities in various sectors of the economy.

In a statement unveiled to the media yesterday, Zambia Development Agency (ZDA) Director Investments Matamwandi Matongo said the major sectors the investors are interested in are energy, mining, forest, service, manufacturing, construction and the financial sectors respectively.

Mr. Matongo said the Zambia Development Agency (ZDA) and other Government institutions and departments have been at hand to explain the numerous investment projects and opportunities available for investment to the investors at a business forum in Lusaka.

And Mr. Matongo on behalf of ZDA presented investment opportunities and projects in the manufacturing, energy, tourism, agriculture and infrastructure sectors.

Mr. Matongo listed the major opportunities for investment and partnerships across sectors.

“Opportunities in the energy sector include solar energy projects, geo-thermal plant and biofuel energy projects”

“While in the manufacturing and agro processing sectors, opportunities include processing edible oils, food mineral processing and light engineering,” he explained.

“In infrastructure sector, there are opportunities in constructing of grain storage facilities, road projects, real estate which includes offices, housing units, hotels and sports facilities. On the other hand, in the tourism sectors, vast opportunities exist in constructing hotels and conference facilities as well as lodges among others,” he noted.

Mr. Matongo further emphasized the need for partnerships between Zambians and foreign investors in investment projects for value addition and employment creation across the country.

The Director Investments in addition unveiled the various tax and non-tax incentives for investors that invest in a priority sector and are operating from either a Multi facility economic zone, an industrial park or a rural area.

Other government institutions that presented various opportunities include the Industrial Development Corporation, ministry of energy and the ministry of mines supported by various private sector players in the Zambian economy.

Today the 7th September 2017, the companies with interests in mining will engage in round table discussions with Zambian mining companies in Zambia and later meet the Minister of Mines and the Minister of Energy.

And before leaving the country
The Finish investors are keen in increasing the collaboration between Zambia and Finland.

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  1. Leave her alone. It’s her body!

    Body Decorations of African Cultures
    Africans have ancient traditions for decorating and accessorizing the body in rich and varied ways. Traditionally, many African peoples wore little to cover their bodies, leaving their skin exposed and available for decoration. Africans adorned themselves in four general ways: scarification, body painting, beadwork, and jewelry……..

  2. then one day a chi muntu asks what the Government has done, to be frank despite the few glitches seen in PF I believe this is the most hard-working and delivering party ever known in the history of man kind, and the chances of UPND wining any time soon are the exact equal chances of an astronaut walking on the sun, I’m breaker I’m transcendent and I approve this message


  3. @Jobreaker. I seem to buy into your assessment, the gvt have put their foot down and objectively so . Those of us without political power hunger are watching with a cheerful smile. Go for it Mr President and team. Please be very careful with the issue of the finance minister.We don’t want draw backs in the gains so far recorded. Wish you more and more and more …success.

  4. The visit by the Finish delegation is beneficial for economic development. The list of investment opportunities also looks excellent. The continued focus of attraction of investment in the country will result in economic opportunities, including revenue, income, tax and employment.


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