UK renewable energy firms keen to invest in Zambia

BRITISH firms in renewable energy, oil gas and extractive industries have shown interest to invest in the Zambian energy sector, says acting British High Commissioner to Zambia Sean Melbourne.
Mr Melbourne said the prevailing situation in the energy sector in Zambia had attracted a lot of attention from UK expertise which wanted to invest in the energy sector.
The high commissioner said British companies also wanted to invest in the infrastructure and health sectors.
Mr Melbourne said a parliamentary delegation from the UK was currently in Zambia to look at the health and energy sectors for possible investment.
It was also his hope that trade between Zambia and the UK could be improved, adding that he would like to see more investment especially in the energy sector.
“The trading area can always be improved I would like to see even more investors coming especially in the energy sector which is very important right now,” he said.
Mr Melbourne said in improving the trade relationship between the two countries, his embassy had now introduced a trade and investment office which opened last September.
He said the office was also in charge of supporting UK businesses that wished to invest in Zambia.
Meanwhile, Mr Melbourne observed that trade between Zambia and the United Kingdom was important for both countries.
Mr Melbourne said that Zambian Government leaders should consider visiting London to showcase to foreign investors in London the opportunities that Zambia has.
“There is a possibility I understand of a conference taking place in October or November in London and I hope that this materializes,” he said.
And Mr Melbourne expressed happiness that the Zambian economy was growing and that it had opportunities for British companies to invest in.
“The Zambian economy as everybody knows has been growing in macroeconomics for more than 10 years now, there are opportunities here,” he said.

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