South African Extrotechnical Export Council (SAEEC) has praised Zambia’s strong economic policies and innovation in the energy sector including bold infrastructure development strategies.

Speaking during the Continental Energy and Infrastructure Investment Forum (CEIIF) that has opened at Mulungushi International Conference Centre in Lusaka today, SAEEC Chief Executive Officer, Evans Choboni, said due to strong economic policies, Zambia has become one of Africa’s most promising and action-oriented investment destinations.

Ms Chiboni, who is also CEIIF Co- Convener, said Zambia’s policy direction is inspiring confidence among regional partners and international investors.

Speaking at the same event, Zambia Development Agency (ZDA) Director General, Albert Halwampa, said the country has positioned itself as one of Africa’s most attractive investment destinations, citing strong economic growth, political stability and an investor-friendly policy environment.

Mr Halwampa said South Africa remains Zambia’s biggest trading partner and a key source of foreign direct investment, adding that the agency is seeking more South African companies to expand into the Zambian market.

Meanwhile, House of Chiefs Chairperson, Chief Choongo has called on the government to continue developing rural areas to attract more investment which will help boost the country’s economy.