The President says some of the notable Indian Companies that have significantly contributed to Zambia ‘s economic gains are TAJ Pamodzi Hotel, Bharti Airtel and Indo-Zambia Bank.
President Lungu was speaking in Lusaka this evening during the Regional Conclave on India -Southern Africa Project Partnership.
The President is optimistic that the Conclave will boost investment and commercial ties between Indian and Southern African countries.
He said the Zambian government has prioritised infrastructure development especially in the Road Sector as one of the measures to attract investment in various economic sectors.
At the same function, Commerce Minister Christopher Yaluma said there is an increase in the number of Indians prospecting to invest in Zambia since President Edgar Lungu’s visit to that country two months ago.
And India’s Minister of State and External Affairs Vellamvelly Muraleedharan praised President Lungu for having wooed Indian investors to Zambia during his recent presence in India.
The Regional Conclave on India -Southern Africa Project Partnership is the first of its kind in Southern Africa.
The Conclave has attracted over one hundred Private Sector representatives among Chamber of Commerce and Industries in the SADC Region and more than 50 potential Indian Investors.
Ba Edgar stop working, stop doing anything. Close Zambia. The more you work, the more you mess up the country. Stay and try to rebuild your family, whom you left for useless thugs around you.
Zambians don’t need you anymore, family may need you.
Close Zambia please….
Let’s develop this thing Mr. President. Let him and them continue to Hallucinate. UNELCATBALES.
worst president on earth, what the hell does he know about investments… the guy only knows how to steal, his CV on stealing is very solid, ask the poor widow he stole from, scatter teeth is just a useless figure head of a stup!d party that is sinking Zambia… what a w@nker
The WASTE president was MWANAWASA. Ask Prof. NO INSONI, he will confirm it with you. Maybe you were not born at the time just like CHILDISH wasn’t and he can’t know too. Prof. No INSONI will write you on a University Letterhead to confirm who the WASTE PRESIDENT was. Ask him to write the UN HAGAIN on his letterhead about South Africa and NAMWALA xenophobia too.
Too many activities does not mean progress.Most of this activities are Non-Value Adding and wasteful to depleted coffers.
Zambia need valuable progress in the economy by engaging all stake holders.
A rolling stone gathers no moss= a person moving from place to place is never successful.
All talk, no works! Lazzy! Economy better off without him.
Sir, please work on supplying efficient power first. Otherwise all the existing industries, farms, welders, barbers, salons, small investments big investments will all shut down soon. Most industries are on their knees already due to the first pf load shedding of 2012 and now this time around will be the final knock out punch. Please sir at least do something on this. Also Sir please control the amount of traffic police on the road manning road blocks. It’s real harrassment and a nuisance to the public. Please please sir we need your intervention.
There goes lungu selling Zambia to the highest bidders ………the indians and Chinese.
What lungu and his gang do not know is Zambia losses more to these countries by way of externalising profits and importing their own workforce…..
What lungu does not know is India and China have billions of unemployed people all too eager to come to Zambia to scrape out a living to support their families back home…..
What lungu and his gang don’t know is that, it is Zambia losing in the long run….
There goes lungu selling Zambia to the highest bidders ………the indians and Chinese.
What lungu and his gang do not know is Zambia losses more to these countries by way of externalising profits and importing their own workforce…..
What lungu does not know is India and China have billions of unemployed people all too eager to come to Zambia to sc.rape out a living to support their families back home…..
What lungu and his gang don’t know is that, it is Zambia losing in the long run….
Lungu will sell the last grain of sand in zambia…
Japanese investment is the best kind of investment. How many times have we told you Indians are not Africa’s friends. Africans are too friendly and always seek the easy way. Deal with the Japanese and other Africans; people of honor, not countries that worship a million demons.
uneducated oan
Akainde’s minions are all possessed by the big devil. They cannot appreciate anything as long as it comes from ECL. This kind of unwarranted hatred just block you personal progress in life. Some of you are homeless and are illegal dwellers abroad and just waiting for akainde to go to state house and start borrowing money for an air ticket hoping to get a job through the Mumpashya Inquiry on ZR type of arrangement. That will never be allowed.
It is in the blood. Bitter herbs, bitter hearts, bitter brains. TRIBALISM.
It is just wrong for people to call the Republican President names when we all know the significance of all the Indian investments and their impact on our country as a whole. Look at all the industries and outlets that are Indian owned in the country. How many Zambians are currently employed because of their investments? The mines and all… We are thankful Your Excellence for showing such a warming gesture. We should keep supporting the Government of the day and move forward with a vision to build a better Zambia for all of us.
You are calling for investors to invest in a country where there is no electricity, high fuel prices, high taxes, 50 different types of licences requirements etc etc. Good luck with that.
The guy is just an id!ot period…. Jona meno meno what a bloodly failure
Trust me no investment is better than investing in your own local people. Let’s build Zambia ourselves and the foreign investment is just an extra, otherwise we losing everything to foreigners. This spirit of having more faith in foreigners will truly kill our nation. We might just as well call back the British to come back and colonize us and am sure Zambia will be better off than now. Sick and tired of praising foreigners at the expense of our local people. When are we going be proud of our own.
EDL looks very sad, I wonder what’s brewing upstairs.