We have favourable incentives, minister tells investors

MINISTER of Tourism and Arts Minister Jean Kapata (centre) with her Permanent Secretary Stephen Mwansa (left) and Zambian Ambassador to Germany Bwalya Chiti at the International Tourism Berlin Expo on Tuesday. PICTURE CARISTO CHITAMFYA.

GOVERNMENT has assured foreign investors of favourable incentives in the tourism sector to increase industrial growth.
Minister of Tourism and Arts Jean Kapata said Government considers the tourism sector a major economic sector that can create wealth and jobs if well managed.
Ms Kapata said this at a round table meeting for ministers of tourism on the sidelines of the just-ended International Tourism Board (ITB) tourism fair in Berlin, Germany.
This is contained in a statement issued recently by Zambia Tourism Board (ZTB) media relations officer, Caristo Chitamfya.
“We are looking for a serious investor to put up a world-class international conference centre in the Zambia’s tourism capital Livingstone that will enable the country host big international conferences and exhibitions.
“Government has set aside a huge piece of land overlooking the Zambezi River successful bidders will enjoy numerous incentives like zero tax for the first five years and 50 percent thereafter coupled with non-interference by Government,” said Ms Kapata.
She also said plans to re-establish a national airline have reached an advanced stage after experiencing a delay due to the death of President Michael Sata last year.
Ms Kapata said the reintroduction of a national airline will complement the Link Zambia 8000 road project to promote easy access to various tourism destinations in the country.
Government is also modernising the Kenneth Kaunda International Airport to make local and international air connectivity more convenient.
Ms Kapata was among other tourism ministers from Ecuador, Dominican Republic, Antigua and Macedonia.

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