Zambia; the Preferred Investment Destination
The mining industry and investor forum has described Zambia as a favourable investment destination. The forum was held in Sydney, New South Wales State in Australia. It attracted top Australian mining businesses. Over 350 delegates who attended the forum included Botswana and South Africa. Godfrey Simasiku Zambia's High Commissioner to Japan has confirmed.
Under the theme "Excellency in Exploration and Mining" the forum brought together top Australian mineral explorers, miners, financiers, service provides and investors. ANVIL Mining Limited currently prospecting in Mporokoso area of Zambia Troy Resources, Independence Group and Placer Dome attended the just ended forum.
Mr Simasiku said AIM Resources Limited of Sydney who are in the final stages of prospecting for copper and gold in the Mumbwa area of Zambia made a presentation to investors and financiers.
But what proof is there for the favourable investment destination status?
The World Bank (WB) says it all! They have “currently a commitment of US$555 million for 14 active projects in Zambia.” The WB further confirmed that “the origin of the legal system and business language is English; business formation is relatively easy; and contracts enforceability are considered better than the Organisation for Economic Co-operation and Development (OECD) averages."
And behold! Besides investments in mining ventures there are also many safari enterprises “popping” up in the Livingstone area near the world heritage site, the majestic Victoria Falls.
Under the theme "Excellency in Exploration and Mining" the forum brought together top Australian mineral explorers, miners, financiers, service provides and investors. ANVIL Mining Limited currently prospecting in Mporokoso area of Zambia Troy Resources, Independence Group and Placer Dome attended the just ended forum.
Mr Simasiku said AIM Resources Limited of Sydney who are in the final stages of prospecting for copper and gold in the Mumbwa area of Zambia made a presentation to investors and financiers.
But what proof is there for the favourable investment destination status?
The World Bank (WB) says it all! They have “currently a commitment of US$555 million for 14 active projects in Zambia.” The WB further confirmed that “the origin of the legal system and business language is English; business formation is relatively easy; and contracts enforceability are considered better than the Organisation for Economic Co-operation and Development (OECD) averages."
And behold! Besides investments in mining ventures there are also many safari enterprises “popping” up in the Livingstone area near the world heritage site, the majestic Victoria Falls.
posted by Enestle Zimba @ 6:03 PM
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