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Alba Iulia
Tuesday, May 26, 2020

Zambia is attractive for credible investment, Indian Veep tells Investors in India

Economy Zambia is attractive for credible investment, Indian Veep tells Investors in India

Zambian High Commissioner to India Judith Kapijimpanga
Zambian High Commissioner to India Judith Kapijimpanga

Vice-President of India Venkaiah Naidu says Zambia is attractive for credible investment.

Mr. Naidu has urged Indian investors to invest in Zambia especially in agriculture because of massive land and the Country housing 60 percent of fresh water resources in the region.

He said this when he received Speaker of the National Assembly Dr. Patrick Matibini who is leading a Zambian Legislative delegation comprised of Chief Whip Steven Chungu, PF Chilanga Member of Parliament Maria Langa, UPND Lufwanyama Member of Parliament Leonard Fungulwe, Clerk of the National Assembly Cecilia Mbewe and Zambia’s High Commissioner to India Judith Kapijimpanga among others.

The Vice President has also called on Zambia to take advantage of India’s strong solar energy technology and further encouraged the Country to ratify International Solar Alliance- ISA membership.

Meanwhile, Speaker of the National Assembly Dr. Patrick Matibini says he takes pride in seeing investments such as the ZESCO/TATA joint projects, Taj Pamodzi Hotel, VEDANTA which runs Konkola Copper Mines, INDO Zambia Bank and decongestion of Lusaka Roads project, among others.

And Dr. Matibini said India has been consistent in skills development cooperation through Indian Technical and Economic Cooperation -ITEC which has seen most Zambians benefit.

He said the team is in India for benchmarking especially that the Country has the lengthiest constitution and is a biggest democracy in the world with the Lower House having 5- Hundred and -45 Members of Parliament.

And Speaker of the Lok Sabha (Lower House) Sumitra Mahajan has invited the National Assembly of Zambia to send young officers especially graduates to India for short term training to promote skills development.

This is contained in a statement released by First Secretary Press and Tourism at the Zambian Mission in NEW DELHI, India, Bangwe Naviley.

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4 COMMENTS

  1. It is pointless advising Zambian delegations when they travel abroad.

    Their main interest is to get paid allowances.

    Do we need to be told the advantages of harnessing solar energy?

  2. “Meanwhile, Speaker of the National Assembly Dr. Patrick Matibini says he takes pride in seeing investments such as the ZESCO/TATA joint projects, Taj Pamodzi Hotel, VEDANTA which runs Konkola Copper Mines, INDO Zambia Bank and decongestion of Lusaka Roads project, among others.”

    VENDANTA are criminals, we are better off doing business with our local neighboring Boers in South Africa than India. With Boers they do not hide when they don’t like you. Indians are like snakes, ask Sri Lankans or their other South Asian neighbors.

  3. Some countries we do not need to do business with period, unless we are exporting to them.

    “Mr. Naidu has urged Indian investors to invest in Zambia especially in agriculture because of massive land and the Country housing 60 percent of fresh water resources in the region.”

    What was he trying to really say here?

Comments are closed.

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