The Canadian Government regards Zambia as one of the most attractive investment destinations in Africa due to its political stability and economic prospects. Rob Oliphant proposed a Canadian trade mission to Zambia to explore opportunities while Mulambo Haimbe affirmed Zambia’s ongoing efforts, particularly in the mining sector.
Zambia has garnered recognition as one of the most attractive investment destinations in Africa, according to the Canadian Government. Rob Oliphant, Parliamentary Secretary to Canada’s Minister of Foreign Affairs, noted attributes such as political stability, good governance, and strong economic potential that enhance Zambia’s appeal to investors.
During a bilateral meeting held on the sidelines of the Commonwealth Ministerial Action Group meeting in London, Mr. Oliphant proposed organizing a Canadian trade mission to Zambia. This initiative aims to inform Canadian businesses about the various investment opportunities available within the country.
Zambia’s Foreign Affairs Minister, Mulambo Haimbe, reiterated the nation’s dedication to creating a favorable investment climate. He provided the Canadian delegation with updates regarding Zambia’s initiatives to attract investment, particularly within the mining sector. This includes a newly launched high-resolution geophysical survey directed at identifying mineral-rich areas for upcoming exploration efforts.
In conclusion, Zambia’s recognition as a prime investment destination highlights its political stability and economic potential. The proposal for a Canadian trade mission signifies ongoing efforts to facilitate international investment, particularly in the mining sector. The commitment of both Canadian and Zambian officials underscores a mutual interest in fostering economic collaboration and attracting foreign investment.
Original Source: znbc.co.zm
