INVESTOR PERCEPTION ON ZAMBIA VERY POSITIVE-WORLD BANK

The World Bank says investor perception on Zambia is very positive and must be replicated to other parts of Africa.

Speaking to the African Diplomatic Corps and energy experts in New Delhi, India, World Bank Group Renewable Energy Expert AMIT JAIN says an investor would be more comfortable to invest in Zambia than any part of the continent.

Dr JAIN says the cost reflective tariffs are also very attractive for investment in Zambia’s energy sector.

And International Solar Alliance (ISA) has urged Zambia to ratify the ISA protocol for the country to start benefiting from the pool of resources meant for solar energy development.

ISA Interim Director General UPENDRA TRIPATHY says 16 countries from Africa are required to ratify as member states but that only six have so far done so.

Mr TRIPATHY says ISA is looking forward to meeting Zambian delegates to the ISA conference in India later this year if the country ratifies the protocol.

This is contained in  a Press Statement issued to Komboni Radio News by First Secretary for Press and Tourism at the Zambian Mission in New Delhi, Bangwe Naviley.

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Posted in Business News.

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