President Edgar Lungu |
President
Edgar Lungu says his government will
continue promoting a private sector-driven economy in order to promote growth.
President Lungu said
government is encouraging the setting up of joint venture projects
between Zambia and foreign investors in areas of agriculture,
manufacturing, mining, tourism, and energy and water development.
The President was
speaking today at state house when he received credentials from
ambassadors and high commissioners-designate from the republic of Italy,
Greece, Kingdom of Spain, Iran, Pakistan and state of Israel.
The President hoped
that the respective countries that have sent representatives to
Zambia will have a lot to offer to enhance trade and investment with
Zambia.
He urged the
diplomats who have been accredited to Zambia to harness Zambia’s potential
and increase their countries’ investment portfolio in the country.
The Head of State
observed that Zambia’s central location offers a huge market for business
considering her strategic geographic position.
Speaking before
handing his letter of credence to President Lungu, Greece Ambassador designate
to Zambia Leonidas Conovounesios said his country is impressed with the
economic and social progress Zambia is making marked by high growth rate and
attraction of foreign investments.
He disclosed that
Greece is bring a delegation of 16 Greek enterprises to Zambia next month in
the fields of agriculture, manufacturing, trade, construction and
renewable energy.
He added that his
country admires how Zambia resolves the issue of refugees as it is a matter
greatly preoccupying Europe today.
And Italian
Ambassador to Zambia said his country needs Zambia as much as Zambia needs Italy
because Italy is the second largest European industrial country and has
skill and experience to help create economic output.
He said Zambia can
derive fresh capital and experiences
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