British investors responding despite negative journalism-Kunda

Vice President George Kunda has returned from Port of Spain, Trinidad and Tobago in South America were he had gone to attend the Commonwealth Heads of Government summit on climate change.

Mr.Kunda , who was accompanied by cabinet ministers and senior government officials, arrived this afternoon at Lusaka’s International Airport.

Speaking to Journalist shortly after arrival Mr. Kunda expressed government’s satisfaction on the Commonwealth Summit on Clinmate Change saying said the issue has become one of the topical issues that should be discussed by all governments.

The Vice President said that there is need for countries to put in place effective mechanisms aimed at tackling its devastation.

Mr, Kunda disclosed that the summit discussed a lot of issues to be included in the forth coming climate change conference in Copenhagen later this month.

Zambia is scheduled to sen a 40 man entourage led by Tourism , Environment and Natural Resources Minister Catherine Namugala to attend the crucial Copenhagan Climate Change conference.

And the Vice President has expressed happiness with number of British companies who expressed interest to invest in the Zambian economy.

Mr. Kunda said despite the negative publicity about the government by sections of the media, many British investors have responded positively to invest in the country’s economic sectors.

He noted that following the Unite Kingdom (UK) – Zambia one day investment forum that was held many investors have shown interest to invest massively in the Tourism, Infrastructure development and Agriculture sectors.

Mr. Kunda further disclosed that many Zambians based in the UK are not happy with negative reports about the Zambian investment climate which do not reflect the correct picture about what is happening in the country.

He said Zambia is a decent country that is making progress in all its areas of development hence the need for the media to report positively.

On the energy sector the Vice President said government is still making consultations on finding a strategic partner to help in the running of Indeni Oil Refinery.

Mr. Kunda said government is still committed to have an effective management of the fuel supply in the country.

He however, noted that government will inform the country once the partner is found.

The UK- Zambia investment forum, whose theme was “Economic Growth through Competitiveness, Diversification and Infrastructure Development”, was attended by Commerce Minster Felix Mutati, Works and Supply Minister Mike Mulongoti and Bank of Zambia governor Caleb Fundanga among others.

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