Investment Delegation
The first team of Korean prospective investors in Zambia will land in Lusaka, Zambia on Sept. 8 (local time), the first to obtain visas since the Zambian Mission opened in late 2014. This team will begin a seven day fact-finding trip to explore the various opportunities available in the construction sector. The delegation consists of Young Jeong-jin and Joe Martin, consultants from GE Construction; Ahn Chun-woo, an architect from Design Group HAM; Park Jae-hyun, an IT program developer from East Busan Holdings; and Cha Ri-cheon, a surveyor from Yoolim Drilling.
Speaking at a meeting held at the Zambian Embassy in Seoul, Korea, Zambia’s Ambassador to Korea His Excellency Mumba S. Kapumpa, SC, said that he is delighted that the team is heading to Zambia and highlighted the various sectors that Zambia has to offer in terms of investment. Kapumpa said that much of the investment thus far in Zambia has been in the mining sector, and there remains a number of vast untapped opportunities particularly in the energy, tourism, construction, and agriculture sectors.
He noted that the investor delegation is an indication that the country has continued attracting investment, and still remains a key investment and tourist destination of choice.
Ambassador Kapumpa also encouraged the delegation to take time to enjoy the various tourist attractions Zambia has to offer, which include the breathtaking Victoria Falls.