PRESIDENT HICHILEMA TO OPEN LUAPULA PROVINCE INVESTMENT EXPO IN MANSA IN APRIL.

 

President Hakainde Hichilema will open the Luapula Province Investment Expo in April this year, with Mansa confirmed as the host city.

The high-profile event will take place at Kaole Stadium and is expected to be officiated by Republican President Mr. Hakainde Hichilema, underscoring Government’s commitment to accelerating provincial economic development.

Luapula Province Minister Eng. Nason Musonda has disclosed that the Investment Expo is a strategic platform aimed at connecting both local and international investors to Luapula Province while unlocking the vast economic potential of the region.

The Minister stated that the Expo aligns with the New Dawn Administration’s agenda of economic diversification, private sector-led growth, and balanced national development across all provinces.

He explained that the Expo will showcase investment opportunities across key growth sectors, including mining, tourism, energy, agriculture, fisheries and livestock, education, and value addition, with the objective of repositioning Luapula Province as a competitive and attractive investment destination.

Eng. Musonda noted that hosting the Investment Expo in Luapula is a deliberate and timely intervention, particularly in light of the Province’s abundant natural resources, extensive water bodies, fertile land, and youthful population.

He observed that it remains unacceptable for a Province with such immense potential to lag behind in industrialisation and large-scale investment, adding that Government is determined to change this narrative under the leadership of Republican President Mr. Hakainde Hichilema.

The Investment Expo is expected to stimulate economic activity, attract capital inflows, encourage technology transfer, enhance infrastructure development, create sustainable employment opportunities, and promote value addition to locally produced goods. It will also expand market access for local entrepreneurs and small-scale producers.

The Expo will further provide a platform for Government institutions, traditional leaders, the private sector, and cooperating partners to engage directly with investors and present bankable projects ready for implementation.

The Minister has since called on all stakeholders across the Province to rise above political differences and support the Investment Expo, describing it as a collective opportunity to unlock development, reduce poverty, and improve livelihoods for the people of Luapula.

The Expo will also showcase the hydro power generation of Luapula river through the Mumbotuta falls with the potential to generate 1000 Megawatts and the Kalungwishi river hydro generation potential of 300 Megawatts in Kawambwa district among others.

The Luapula Province Investment Expo marks a critical step in transforming the Province into a vibrant economic hub and reaffirms the Government’s commitment to ensuring that no region is left behind in Zambia’s development agenda.

 

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