Tuesday, 1 May 2012

foreign affairs and tourism minister given Lubinda woes israeli investors

Foreign affairs and tourism minister given lubinda has called on Israeli investors through the Israel foreign trade risk insurance corporation to come and invest in the country.

Israeli foreign trade risk Insurance Corporation is a government owned insurance company that provides insurance to Israeli investors and exporters working in the international market and is supporting Israeli investors with investments in different sectors of the Zambian economy.
Mr. Lubinda says including Zambia as one of their destinations for insurance coverage will allow greater confidence and participation of Israeli investors in the growing economy of Zambia.
He has stated that with the support from Israel government, more Israeli investors will now consider Zambia as a favorable investment destination in Africa.
The foreign affairs and tourism minister has noted that currently, Israel investors in Zambia are involved in the development of various sectors of the economy including infrastructure development, information communication technology, education and agriculture.
Mr. lubinda says his ministry through the honorary consul of the republic of Zambia to the state of Israel, ms ronit hershkovitz will continue to promote Zambia as a preferred destination for Israel foreign investment and tourism.
He has pointed out that Zambia and Israel have enjoyed a warm and lasting relationship dating back to the 1960s and Israel investors have always been a part of the development of the Zambian economy.
Mr. lubinda says Israeli investors must come and invest in the country which has the potential for investment due to favorable investment climate, incentives with vast natural resources

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