Over 500 potential investors globally are expected to attend the Zambia International Investment Forum (ZIIF) this month in Livingstone.
The Ministries of Commerce, Trade and Industry and Tourism and Arts, Zambia Development Agency and the United Nations World Tourism Organisation will host the 3rd investment forum to be held from August 20 to 21.
The forum, under the theme, Harnessing Tourism opportunities for Wealth and Job creation, will attract government officials, captains of industry, tourism operators, corporate bodies, business associations, financiers and other interest groups.
This is according to a statement availed to the Daily Mail in Lusaka.
Zambia’s President Michael Sata said “Government will ensure that Zambia is fully integrated into the global economy to enhance job and wealth creation across all disciplines.”
Mr Sata said Government had also accelerated diversification of the economy and moved away from supplying unprocessed natural resources.
He said this in Livingstone yesterday during the opening of the Zambia International Investment Forum.
|Fast facts about the 3rd ZIIF:|
|Dates||20th – 21st August 2013|
|Venue||Zambezi Sun Hotel, Livingstone|
|Number of delegates expected||Approx. 500|
|Number of proposed topics||8|
Delegates at the forum are expected to get an overview of Zambia’s attractive investment opportunities, network with local and international participants, and get insights from local and global investors, among others.
Panel discussions will focus on the following sub sector topics:
- Infrastructure for Tourism
- Agro- Processing and the Hospitality Industry
- Creative Arts
- Finance for Tourism
- Community Based Tourism
- Cluster Development and Joint Ventures in Tourism
- Human Skills in Tourism Development
“Under infrastructure for tourism, the discussion will focus on what type of investment opportunities exist for investors who specialise in developing infrastructure, which supports the development of tourism,” it says.
It says the discussion on agro-processing and the hospitality industry will aim at providing proposals and business opportunities that link the agro-food processing industry and the tourism value chain.
The other topic expected to be discussed is human skill in tourism development, where speakers will show the critical role of skills in the sustainable development of the tourism sector.
Local and foreign investors are attending the two-day forum which is also aimed at offering networking opportunities between the private sector and international investors.
The Government would also continue to invest in infrastructure such as roads, railway, airports, border facilities, power stations as well as information and communication technology to support trade and investment.
Mr Sata assured the delegates to the forum that the Zambian economy was open for business, trade and investment.
“My Government is focused on improving the business environment by removing constraints which impact negatively on business growth such as high compliance costs, low skills levels, access to markets, lack of finance, appropriate technology and quality business infrastructure in rural areas,” he said in a speech read for him by Vice-President Guy Scott.
Other sponsors are Sun International Zambia, Standard Chartered Bank Zambia, Trade Kings, Pepsi, VALE, Amatheon Agri, Zanaco and Zamanco Mineral Limited.
Date: 6 August 2013