Zambia remains hub for tourism investment


By Nation Reporter

ZAMBIA remains an attractive hub for both investment and tourist destination which has enjoyed a positive gross domestic product (GDP) for the past decade says, Ministry of Tourism permanent secretary Stephen Mwansa.

Mr Mwansa said there were very few places in the world where an investor could earn a rate of return of 15 percent or more as was obtainable in Zambia.

He said Zambia ranked highly among those places with a positive GDP rate for the last 10 years, making the country a great place to visit and invest.

Mr Mwansa was speaking at the weekend during the induction dinner of Rotary Club of Nkwazi (RCN) newly-elected leaders at Mulungushi International Conference Centre.

He said that despite Zambia being endowed with many natural resources and cultural heritage only a few people locally and internationally knew about some of the sites.

He appealed to the Rotarians with a membership of 1.2 million around the world to carry promotional materials of Zambia so as to attract more tourists.

Mr Mwansa said that the ministry’s budgetary constraints had reduced the country’s visibility in the international media compared to countries like South Africa which had a huge budget on advertising.

He expressed confidence that the lifting of the ban on registered airlines into the European Union airspace would increase tourist inflow as travel agents would now process their travel insurance cover despite Zambia not having a national airline.

“The lifting of the ban on registered airlines into the EU space will increase tourist inflows because previously tourists were not covered for their travel insurance even as they travelled to Zambia by airplanes,” he said.

And Rotary Club of Nkwazi president Godfrey Mwanza said that the club was about serving humanity and complementing Government efforts by helping the vulnerable and underprivileged in society.

Categorized | Business

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