Zambia has invited Malaysian investors to take part in its public-private partnership (PPP) concept in order to help the African country’s development.
Zambia hopes to increase its infrastructure and renewable energy, in addition to other sectors. "Zambia also boasts of other market opportunities through agreements and membership to the EU through the Everything but Arms Initiative, the US through American Growth and Opportunities Initiative, and market access initiatives with Canada, China, and Japan," said Deputy Finance and National Planning Minister David Phiri at the Seminar on Business and Investment Opportunities in Zambia.
Malaysian Industrial Development Authority deputy director-general Datuk Afifuddin Abdul Kadir said that more than 700 Malaysian companies are involved in international investment projects. "It is increasingly important for Malaysian companies to expand and to venture beyond the country’s geographical boundary and tap new trade and investment opportunities," he said.
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