1 / 9

ZAMBIA – HUB OF CENTRAL SOUTHERN AFRICA

ZAMBIA – HUB OF CENTRAL SOUTHERN AFRICA. James Thornton British High Commissioner to Zambia. Presentation Outline Bilateral Trade Strengths Trade and Investment Opportunities Challenges British Companies in Zambia Conclusion. Bilateral trade. Strengths.

tana-hughes
Télécharger la présentation

ZAMBIA – HUB OF CENTRAL SOUTHERN AFRICA

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ZAMBIA – HUB OF CENTRAL SOUTHERN AFRICA James Thornton British High Commissioner to Zambia

  2. Presentation Outline • Bilateral Trade • Strengths • Trade and Investment Opportunities • Challenges • British Companies in Zambia • Conclusion

  3. Bilateral trade

  4. Strengths • Generally stable political system • UK strong brand • Strong growth; reasonable macro economic fundamentals • Abundant natural resources presenting good investment and trade opportunities • MFEZ - Incentives • Unlimited repatriation of after tax profits • Progressive banking, legal and insurance services of international standards. • Good place to work & live, friendly people

  5. Trade and investment opportunities • Mining: Zambia possesses Africa’s largest known copper and emerald reserves • Agriculture: only 1.5 m ha of the 42m ha arable land is under cultivation; accounts for about 40% of the fresh water resources in Southern Africa • Energy: Potential to produce 6,000MW of hydro energy, currently only producing 1, 980MW • Manufacturing: Multi Facility Economic Zones established to support investment • Tourism: 20 national parks, 34 game management areas, home to Victoria falls • Infrastructure: Massive projects being undertaken, roads, rail, electricity generation and airports • Rapidly growing urban middle class

  6. Challenges • Landlocked country, input costs tend to be high • Underperforming education and training system • Poor infrastructure • Red tape • Limits on work permits for expats • Preferential treatment of Zambian companies bidding for public contracts • Regulatory changes introduced with little notice • Political constraints to laying off workers • Land rights for customary land can be bureaucratic UNCLASSIFIED

  7. British companies in Zambia

  8. Conclusion • No UKTI presence at present • A market that requires work • But strong economic growth and good margins

  9. Contact Us CONTACT US  Tel: +260 211 423200 Email: James.Thornton@fco.gov.uk @FCOJamesT Website: www.gov.uk/world/zambia www.facebook.com/UkinZambia @UkinZambia

More Related