Zambia African Safari

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Monday, October 17, 2005

SA Firm Invests in Zambia Safari

The Legacy Group companies of South Africa (LGSA) is to invest US$300 million to set up tourism and other supportive infrastructures in Zambia. Legacy Zambia, a new subsidiary company of the Group was launched at Lusaka’s Pamodzi Hotel last week.

Officiating at the launch, Zambia’s Tourism Minister Kabinga Pande said the investment that the Group intended to put in the Zambian tourism sector would contribute greatly to the development of safaris in the country. Wow!

The investment will be in tourism facilities such as lodges, hotels and resorts. This will incorporate the promotion of eco-tourism. Pande said the investment would help in creating jobs and increase government revenue.

The Zambian government encourages investors who partner with Zambians like the Legacy Group has done. This would help raise the quality of tourism products because new business linkages and management infusion make good business sense. Why, Zambia safari wouldn’t agree more!

And the investment of Legacy Group in accommodation and complementary facilities will boost tourist traffic. This will support the “Visit Zambia 2005” campaign now dubbed the “visit Zambia 2005-2010”.

Pande said the Group is in line with the vision of the New Partnership for African Development (Nepad) because it integrates local economies in the sub-region.

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