ZAMBIA observes technological transfer laws for safety of investment while at the same time ensuring that consumer goods are protected, says Ministry of Commerce, Trade and Industry permanent secretary Kayula Siame.

Ms Siame said in an interview that Zambia had favourable investment climate which also ensured that all the investment was secured.

“Zambia is one of the most politically stable countries in Africa and in ensuring that people’s investment is undertaken, we offer both feasible and non-feasible incentives,” he said.

She said Government also observed intellectual property rights and technological laws for the manufacturing sector to ensure that investment in Zambia was safe.

Ms Siame explained that Government was looking forward to having technological transfers from investors with advanced technology.

“We also observe intellectual property rights, technological transfer laws for manufacturing and ensure that consumer goods are protected.

“As a country, one of the things we are trying to do is diversify and become industrialised so we really look forward to having technological transfers from other countries because we realise that some of the businesses are some of the most advanced in the world,” she said.

She encouraged investors with huge manufacturing plants in their countries to set up the same plants in Zambia.

“Where you are manufacturing please ensure that you can come and set up manufacturing plants here in Zambia.

“The PF Government commits to bilateral relations and is here to support you and make sure that your investment is realised and that there is a win-win situation,’’ she said.


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