Zambia Investment Conference Generates International Interest

Zambia-investment-conference-pangea-securities

More than 300 local and international asset managers have already confirmed their participation in the Zambia Development Agency (ZDA) – Pangaea Securities Limited investment conference that is scheduled to take place in Lusaka from December 4th to 5th 2014.

The conference is expected show Zambia as an attractive investment destination with the capacity to compete for international investors with offers of real growth opportunities in a developing economy.

According to Zambia Development Agency (ZDA) Director General, Patrick Chisanga, trade agreements will be signed with investors from participating countries including Singapore, the Netherlands, Germany, Italy and Poland, among other countries.

Mr. Chisanga went on to indicate that the ZDA will continue to work to attract local and foreign investors and build confidence in the Zambian economy.

“Through trade and economic platforms such as the forthcoming investment conference, Zambia is placing itself firmly on the investment radar of the international community, and recent foreign direct investment (FDI) inflows into the economy are a demonstration of the interest that Zambia continues to generate worldwide,” he said.

Additionally, Mr. Chisanga indicated that there are numerous projects that have been researched and are now seeking investment from both the Zambian and international investors.

Companies that have confirmed their participation in next month’s conference include International Enterprise and Olam of Singapore, Amatheon from Germany, Italcementi Group and Poland Investment and Promotional Authority.

In 2013, Zambia attracted approximately USD 2 billion in foreign direct investment (FDI) and is expected to continue with that momentum on a path of continued growth.