ZDA wants more poultry investment
Published On February 17, 2016 » 1371 Views» By Bennet Simbeye » Business, Stories
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By CHATULA KANGALI – THE Zambia Development Agency (ZDA) has called for more investment in the poultry sector to support its growth. According to the ZDA facebook update, director export development Jonathan Simwawa said the poultry sub-sector had not grown according to the market demands hence the need for more investment. Mr Simwawa said the poultry sector had vast opportunities for investment and was one of the areas which the agency supported as it fell under agriculture. He noted that most Zambians consumed a lot of poultry products which made the sector attractive for investment and that there was a huge market in the country and the sub region. “Zambia is a member of the Common Market for Eastern and Southern Africa (COMESA) as well as the Southern Africa Development Community (SADC) which presents a great market of over 480 million people. “Government’s commitment to encouraging investment into the economy can be seen from its consistence in the economic policies and the stable political environment the country has enjoyed for a long time,” he said. Mr Simwawa added that the country was open to business and allowed all meaningful investors to invest in the economy. He urged investors interested in the poultry sector to consider Zambia as the first investment destination as it was strategically located with eight neighbouring countries. COMESA and SADC markets were an addition to the local market. Mr Simwawa said the mandate and the primary objective of the agency was to foster economic growth and development by promoting trade and investment in Zambia.

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