Zambia’s Ambassador to Turkey, Joseph Chilengi has urged Turkish investors to participate in the Zambia National Building Society housing estates development project under the Public Private Partnership arrangement.
Dr. Chilengi said Zambia had a housing deficit of 1.3 million units, which could escalate to 3 million by 2030 if not addressed.
“As a country, we have opened up new districts which require housing units and ZNBS is looking for partners, so this project is available for participation by the Turkish private sector,” Dr. Chilengi said.
He was speaking during a special presentation at an event co-organised by the Foreign Economic Relations Board of Turkey and Bodrum Chamber of Commerce in Turkey’s port city of Bodrum yesterday.
The discussion themed “Business opportunities for the Turkish exporters in the African market” focused on economic relations between Turkey and Africa, especially in the construction and tourism sectors.
Dr. Chilengi said Turkey has successfully implemented a robust social and low-income housing model from which Zambia and the entire African continent could benefit through partnership with the Turkish private sector.
He also said Zambia had other PPP projects available for investment in energy, agriculture, Information and Communication Technologies (ICT), hotels, road construction and railway.
Dr. Chilengi cited the solar renewable energy project, the US$ 964 million Nseluka-Mpulungu Railway project, US$ 837 million Livingstone-Kazungula-Sesheke Railway, the US$ 220 million Zambia National Broadcasting Corporation (ZNBC) Twin Palm mixed use real estate development project, and the Lusaka City Council Waste to Resource project, among others.
He said Zambia remained an investment destination of choice due to peace, political stability and appropriate business incentives for investors.
Dr.. Chilengi said by investing in Zambia, Turkish companies will also be tapping into the Common Market for Eastern and Southern Africa and the Southern African Development Community markets with a combined population of over 600 million.
On opportunities in Africa, Dr. Chilengi said all the 55 members states of the African Union (AU) had a common agenda to construct and overhaul infrastructure such as roads, airports, railway systems, schools and hospitals.
He said Africa provided immense opportunities for investment by Turkish companies in the construction sector.
Dr Challenge urged Turkish companies to help Africa achieve road, railway and air connectivity in line with the aspirations of the continent’s development blueprint, Agenda 2063.
“You come with one thing, which others don’t have, your quality of goods and services are superior. Africa provides huge opportunities so don’t be left behind,” Dr Chilengi said.
This is contained in a statement issued by Jerry Munthali, the First Secretary for Press at the Zambian Embassy in Turkey.
Zambia has been let down buy morons who have been schooled. These Turkish infestors are pure racists. We have already some in construction treating Zambians as second class citizens. This cadre must look for other things from this country.
So the Turkish are the ones building in Chalala and you didn’t know who owns because you can’t read their language?
…while you give incentives to foreign investors, don’t treat your own citizens who are struggling to compete with contempt which has been my experience in Zambia
you need to promote and put Zambians first. when is Zambia going to start talking about a mortgage system?
you can’t always
Dr Challenge urged Turkish companies to help Africa achieve road, railway and air connectivity in line with the aspirations of the continent’s development blueprint, Agenda 2063.
how can you embarked on an ambitions proposition like that when you don’t have resources, grow from within. learn from countries like Vietnam, Singapore… you can’t have all major projects for a country’s or indeed a continent’s planned, funded and implemented by outsiders. you’ll get nowhere fast.
at times…
Please don’t do it bad Gesture.
This is not umwana nga alilila ichembe.
This one tamwaka likobeka!
“Zambia’s Ambassador to Turkey, Joseph Chilengi has urged Turkish investors to participate in the Zambia National Building Society housing estates development project under the Public Private Partnership arrangement”.
Woes???
Every dictatorial non-democratic tinpot dictatorial regime ultimately falls into the laps of Communist Chinese or intolerant and violent Muslim rulers of the middle east and now in tinpot bigot Erdogan. They all bring in misery, suppression and conversion of non-Muslims and Muslims with liberal orientation.
I HATE that imbecile Esau Chuulu who betrayed the country for 30 pieces of silver—pf is still around because of him. Fire tenders, 48 mansions, rising—-all because of him. And what’s he doing in Turkey anyways? In what capacity? Plotting on how to rig come 2021? F’in low life scum