GOVT EMBARKS ON LEGISLATIVE REFORMS

BY BRIAN MWALE
President HAKAINDE HICHILEMA says government has embarked on legislative reforms aimed at bolstering a private sector and investor friendly operating environment, coupled with policy consistency.

President HICHILEMA says the move is part of demonstrating his administration’s commitment to deliver to citizens.

He says government has in this vain created ministerial portfolios that are relevant to supporting business, innovation and the green economy in line with global challenges and opportunities..

Gracing the US – Zambia Business and Investment Forum virtually, President HICHILEMA said the US being a leading global economy with dominance in various sectors, can realize the potential for synergies and investment in Zambia’s well placed opportunities sectors.

He stated that the said sectors are key drivers of Zambia’s industrialisation and diversification agenda.

Mr HICHILEMA expressed confidence that the engagements at the forum will lead to productive exchanges and the creation of lasting business and investment partnerships.

He added that the forum will further consolidate and strengthen the warm bilateral relations that exist between Zambia and the US, as the two countries open up more opportunities for enhanced trade and investment flows.

President HICHILEMA further urged US investors to set up and partner with the Zambian business community to maximize prospects for successful market entry and investing in attractive sectors.

He reiterated government’s committed to maintaining a conducive business environment and continue undertaking business reforms to enhance the investment climate within a strong policy framework.

The President noted that Zambia has developed the national industrial policy which aims at transforming the country from a producer and exporter of primary products into a net exporter of value-added goods.

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