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Turkish firm eyes industrial park

STEVEN MVULA, Lusaka
A DOLLAR Turkish company specialising in construction and tourism desires to establish an industrial park in Zambia in partnership with other business associates.
The choice of Zambia is based on the country’s central location to service neighbouring countries as well.
Zambia’s political stability has also raised the profile of the country as a preferred investment destination.
This is according to a statement issued yesterday by deputy head of mission at Zambia’s embassy in Turkey, Bwalya Nondo.
Mr Nondo said to kick-start the process, Kasova Yapi company will next month be on s factual-finding mission.
He said the anticipated eventual establishment of an industrial park will  turn Zambia into an investment hub in southern Africa.
The Kasova business associates will be drawn from agro-processing, agriculture, energy, tourism, and infrastructure development sectors.
This came to light when Minister of Lands, Natural Resources and Environmental Protection Minister Christabel Ngimbu held a business meeting with Kasova Yapi Company general manager Kasova Yapi on the sidelines of the just ended United Nations Convention to Combat Desertification (UNCCD) 12th session of the Conference of the Parties (COPS12) in Ankara yesterday.
Mr Yapi said Zambia has a lot of business opportunities which Turkey wants to explore and expressed desire to strengthen business relations between the two countries through his company’s planned investment.
Mr Yapi said when Kasova Yapi company and others have a presence in the country, Zambia’s export potential will be boosted.
And Ms Ngimbu, who was accompanied by Zambia’s Ambassador to Turkey Miriam Mulenga, thanked the company for considering Zambia for investment.
She assured that the choice of Zambia as an investment destination would not be regretted given the good investment climate of political stability, attractive fiscal policies, and availability of  skilled human resources.




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