Zambia Needs More FDI

A Governance Expert says Zambia needs more foreign investors that will bring new ideas to grow the country’s Gross Domestic Product (GDP). 

Wesley Miyanda tells Money FM News that the country is endowed with natural resources that need to be marketed through foreign trips to attract more Foreign Direct Investment (FDI) to create jobs and business opportunities for citizens. 

Mr. Miyanda says President Hakainde Hichilema’s decision to attend the China-Africa Corporation Summit is therefore, an economic driven move which has culminated into signing of several Memoranda of Understanding by the two Governments especially in the areas of energy and agriculture. 

He notes that the Summit will yield positive results because key issues such as food security, energy, transport among others are being discussed, to strengthen cooperation between China and Africa, thereby increasing Foreign Direct Investment in Zambia.