President Hakainde Hichilema says Government remains committed to maintaining a stable, predictable, and competitive investment environment that promotes joint ventures, public-private partnerships, and reforms that deliver tangible benefits to Zambians.
The President said this against the backdrop of Zambia’s successful 36-month debt restructuring, which he said has contributed to renewed investor confidence as the economy enters a growth phase.
Mr Hichilema was speaking when he hosted a delegation of global investors led by JP Morgan and Chase, with representatives from leading firms based in London, Geneva, Boston, Dubai, Luxembourg, and the United States. The delegation was led by J.P. Morgan Executive Director for Global Economic Research, Gbolahan Taiwo.
In a Facebook post, Mr Hichilema said the investors will engage public, private, and multilateral partners to explore opportunities in energy, mining, agriculture, infrastructure, and financial services, which are key pillars of Zambia’s growth strategy.
He said the New Dawn administration remains focused on macroeconomic stability while gradually shifting towards a more expansionary growth approach, particularly in the energy sector. The President attributed the country’s economic prospects to progress made in debt restructuring, economic stabilisation, and reforms under the International Monetary Fund’s Extended Credit Facility.
Earlier, Mr Taiwo said the World Bank had commended Zambia’s economic reforms during engagements with the delegation.
You will certainly be well positioned when you leave office
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