(3 Minutes Read)
Zambia Chamber of Mines said the Government should continue with consistent and predictable policies for the mining sector to attract more investments. The investment commitments to the sector rose to US$3.4 billion in 2023 compared to US$1.7 billion last year
Zambia Chamber of Mines said the Government should continue with consistent and predictable policies for the mining sector to attract more investments. The investment commitments to the sector rose to US$3.4 billion in 2023 compared to US$1.7 billion last year.
Chief executive officer of the chamber Sokwani Chilembo said despite short-term operational complications, the future of Zambia’s mining industry was being laid with multi-billion-dollar investment commitments.
Chilembo added that 2023 has been a very good year both in terms of investment commitments and progress on the ground.
Read Also:
https://trendsnafrica.com/zambia-receives-e23-million-in-direct-budget-support-from-france/
https://trendsnafrica.com/usd-3-5-million-by-wb-to-enhance-blood-safety-in-zambia/
Zambia has seen US$3.4 billion in investment commitments in 2023, compared to the US$1.7 billion that was pledged last year. From 2021 to 2023, a cumulative total of close to US$1 billion of capital expenditure has already been spent on turning existing operations around.
