Zambia’s Ambassador to France, Dr Christine Kaseba Sata has urged Spanish investors in Madrid to make Zambia a preferred investment destination of choice.
Dr Kaseba called on the investors to commence their investment activities in sectors of the economy such as tourism, agriculture, manufacturing, mining and energy.
She made the remarks during a business forum held in Spain in collaboration with Madrid Chamber of Commerce and Industry.
Dr Kaseba said the country’s macroeconomic fundamentals are looking better thereby triggering an increased investor confidence in the economy.
“just last year we attracted well over 8.5 billion united states dollars compared to 3.3 billion united states dollars in 2021, representing an increase of 158 per cent. We are encouraging you to be part of this promising investment journey our country has embarked”, she said
Dr Kaseba further assured the investors of actualising their investment within the shortest period due to the conditions set up by a pro-business government that has placed trade and investment at the core of the national economic development agenda.
She urged the investors to take advantage of the huge export markets that Zambia offers such as the African Continental Free Trade Area, Southern Africa Development Community, the Common Market for Eastern, Southern Africa and the European Union Everything But Arms .
At the same event, Zambia Tourism Agency acting chief executive officer Chavunga Lungu appealed to the investors to invest in Zambia’s rich tourism sector which guaranteed premium returns.
Meanwhile, First Secretary for Economic & Trade Chibwe Chisala delivered a comprehensive presentation outlining priority sectors of investment in Zambia.
This is contained in a statement issued by Naomi Mweemba First Secretary Press Zambian Embassy Paris.