the dti TO LEAD AN OUTWARD SELLING AND INVESTMENT
MISSION TO ZAMBIA
The Department of Trade and
Industry (the dti) will lead a delegation of thirty-eight (38)
businesspeople to participate on an Outward Selling and Investment Mission to
Zambia. The mission will take place from 6-8 October 2015 in Lusaka,
Zambia.
The business delegation
will comprise of businesspeople from the agro-processing, built environment
professionals, capital equipment, electro-technical, infrastructure, metals,
chemicals, pharmaceuticals and medical equipment sectors.
The Minister of Trade and
Industry, Dr Rob Davies says the mission will have a positive impact in terms
of increasing export sales from South Africa into the Zambian market over the
long term, which will lead to job creation. He adds that the mission will
further expose South African companies to available export and investment
opportunities and enable them to obtain new business leads and identify new
market opportunities in Zambia.
“Trade between South Africa
and Zambia has increased from over R15 billion in 2011 to more than R28 billion
in 2014. South Africa is Zambia’s main trading partner in the Southern African
Development Community region, whilst Zambia is South Africa’s fourth trading
partner,” says Davies.
He adds that South African
exports to Zambia exceeded R29 billion for 2014, while imports from Zambia
amounted to just over R1 billion. Davies says the trade gap has
widened significantly between the two countries and needs to be assessed and
addressed.
“This platform enables the
objective of strengthening bilateral relations, both economic and political
between South Africa and Zambia. South African companies participating on this
mission will be afforded an opportunity to confer with their Zambian counterparts
to forge partnerships and strengthen South African investment in Zambia,” adds
Davies.
The delegation will depart
on Monday, 5 October 2015 and will participate in business seminars,
business-to-business meetings and round table discussions.
No comments:
Post a Comment