Dar es Salaam, Tanzania– January 28, 2025
In a decisive move to bolster Zambia’s economic growth and energy investment potential, the Zambian government has successfully engaged in bilateral meetings with various global private sector entities. These discussions, led by President Hakainde Hichilema and key stakeholders, underscore Zambia’s commitment to positioning itself as a prime destination for investors in the energy sector and beyond.
Chief Marketing Officer, President Hakainde Hichilema, speaking on behalf of the government, emphasized Zambia’s unmatched business potential, stating, “Our job is to pitch our country to the global market, showcasing the vast business opportunities available for both local and foreign investors. Zambia is open for business, and we are here to ensure investors feel welcomed.”
As part of its agenda, the Zambian government reiterated its dedication to creating an enabling environment for business growth. Key priorities include:
- Reducing the cost of doing business: Streamlining regulatory frameworks and reducing operational costs for investors.
- Stable policy environment: Ensuring consistency in economic and trade policies to build investor confidence.
- Energy sector reform: Attracting investments in clean and renewable energy to boost power generation and foster economic growth.
President Hichilema shared his vision for Zambia’s economic transformation, saying, “As a government, we will continue to focus on creating a favorable business environment. Stability, opportunity, and collaboration are at the heart of our strategy to attract both local and foreign investment. Together, we can expand our economy and create a better Zambia for all.”
Zambia boasts a strategic location in Southern Africa, a wealth of natural resources, and a young, skilled workforce. These factors, coupled with deliberate government efforts to reduce bureaucracy and increase transparency, make Zambia an attractive destination for international investors.
President Hichilema extended an invitation to Zambians at all levels to be part of this economic growth story. He urged citizens to take an active role in contributing to a sustainable and thriving economy, adding, “Let’s all get involved in the expansion of our economy. Together, we can achieve greatness.”
The government encourages local entrepreneurs, global investors, and stakeholders across industries to seize the opportunity to contribute to Zambia’s energy transformation and economic growth. Whether through partnerships, innovations, or investments, there is room for everyone to play a role in building Zambia’s bright future.
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