Zambia attractive for investment- Indian Veep

 Zambia attractive for investment- Indian Veep

Indian vice President Venkaiah Naidu says Zambia is attractive for credible investment. 

Mr Venkaiah has called on investors in India to invest in Zambia especially in agriculture, because of massive land and available fresh water resources standing at 60 per cent.

He said this when he received the Speaker of the National Assembly Patrick Matibini who is leading a Zambian Legislative delegation.

The delegation comprised of Chief Whip Steven Chungu, PF Chilanga Member of Parliament Maria Langa and UPND Lufwanyama Member of Parliament Leonard Fungulwe.

Others are Clerk of the National Assembly Cecilia Mbewe, Zambia’s High Commissioner to India Judith Kapijimpanga.

“May I also call on Zambia to take advantage of India’s strong solar energy technology and further encouraged the Country to ratify International Solar Alliance- ISA membership,” he said.

Dr Matibini said he took pride in seeing investments such as the Zesco/Tata joint projects, Taj Pamodzi Hotel, Vedanta which runs Konkola Copper Mines, Indo Zambia Bank, decongestion of Lusaka Roads project, among others.

He said India remained consistent in skills development cooperation through Indian Technical and Economic Cooperation (ITEC) which saw most Zambians benefit.

“Our team is here in India for benchmarking especially that India has the lengthiest constitution and is a biggest democracy in the world with the lower House having 545 Members of Parliament,” he said.

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

This was contained in a statement released by First Secretary Press and Tourism at the Zambian Mission in New Delhi, India, Bangwe Naviley.

Alice Nachilembe

Alice Nachilembe is a Journalist who yearns for a better country with leaders being accountable to their mandate without oppressing the governed.

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