VEEP woos Indian investors
Vice President Inonge Wina has asked Indian companies to consider investing in Zambia’s agriculture and energy sectors.
Mrs Wina says the two sectors are currently the country’s priority areas requiring investments.
The Vice President says government is eager to increase agricultural productivity in Zambia.
She said this when the Kirloskar Brothers Limited of India paid a call on her in New Delhi today.
Kirloskar Brothers Limited is a family company that has been producing pumps since 1929 and has also been setting up water pumping stations.
And Kirloskar Brothers Limited Chairman and Managing Director, Sanjay Kirloskar, said his company has established water pumping stations in Africa and Europe.
Meanwhile, Agriculture Minister Given Lubinda said Zambia has been losing close to 100 billion cubic litres of water through the Indian ocean in the last three decades and only utilising about 60 billion cubic litres.
Mr. Lubinda noted that this shows that there is great potential for harvesting water and establishing irrigation schemes in Zambia.
Earlier, the Vice President held a meeting with Shapoornji Pallonji and Company Private Limited whose business is infrastructure development and solar energy plants.