Vice President Mutale Nalumango has reiterated the government’s call on investors to come on board and partner with the government, in various sectors of the economy, in order to increase production and contribute to the country’s economic status.
Mrs Nalumango reaffirmed the government’s commitment to investment-led development across the country.
ZANIS reports that the Vice President said this when she graced the launch of the second edition of the Luapula Investment Exposition, which is expected to be held from April 20-24th, 2026, under the theme, Unlocking Luapula’s potential investment opportunities for sustainable economic growth.
Mrs Nalumango says the government is ready to attract players to transform Zambia through value addition, calling on investors to help industrialise the nation and help transform the country.
She cited that the government is in the process of putting up a 330-kilovolt transmission line from Pensulo in Serenje district as an intervention that will strengthen power reliability and support large-scale industrial and commercial investments in Luapula province.
Mrs Nalumango said the expo provides a platform where investors, business community, government, regulators and captains of the industry can conduct business and share best practices.
Luapula Province Chamber of Commerce President Shonne Mwelwa said the region is endowed with plenty of land and water, palm oil production, agro-processing, livestock development, tourism, mining, timber industry, as well as a geographic position where investors can tap from.
Mr Mwelwa affirmed that the region is ideal and open for investment in the 12 districts because of the sound economic management policies of the government.
He called for action from the players as they exhibited alongside strengthening their networking engagements.
Zambia Development Agency Director General Albert Halwampa outlined strategies that the agency will implore so that potential investors do not encounter any challenges.
Mr Halwampa commended the government for putting in place a conducive environment for investment to flourish.
At the same event, Commerce Minister Chipoka Mulenga, Luapula province Minister Nason Musonda also spoke with a clarion call to the investors to exercise their muscle and positively contribute to the socio-economic transformation of Luapula Province.
