Finnish investment in Zambia key sectors continues

11 Nov 2019

African tea leaves Finland has vowed to continue investing in Zambia’s agriculture and forestry sectors, reports the Lusaka Times. 

Pirjo Suomela Chowdhury, Finland’s ambassador to Zambia, said the beneficial rainfall patterns and other climactic conditions suitable for agriculture in the southern African country have made it a prime agricultural investment spot for Finland. 

The Finnish envoy said this on Sunday, when she called upon the Copperbelt Province Permanent Secretary, Bright Nundwe in Ndola. 

Chowdhury noted that Zambia – and the Copperbelt in particular – have massive potential to improve people’s living situation through agriculture. 

The Finnish ambassador said that her office was already conducting discussions with a business delegation that was present at last year’s Aggregate Expo to visit the Copperbelt and take advantage of the business opportunities at hand within the province. 

Chowdhury, who is in Ndola to attend the Ndola District Chamber of Commerce and Industry Annual Gala Awards, has since applauded the chamber for its hard work towards revamping the district’s economy. 

Economic activity, which had recently slowed down, is now being revamped as a result of the positive contribution which the current leadership has enforced, she said. 

The Finnish envoy added that the Chamber of Commerce is working hard to ensure that foreign direct investment continues to flow in the district. 

Mr Nundwe noted that the joint venture between the two nations has resulted in vast economic benefits for both Zambia, and the Nordic country. 

The Permanent Secretary has also invited more investment from Finland in Zambia’s forestry and agricultural sectors, with particular focus on the Copperbelt. 

The Copperbelt includes three main districts: Masaiti, Mpongwe and Lufwanyama, which the secretary noted could all be exploited in the two sectors.