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TURKISH BUSINESSMEN SEEK TO INVEST IN ZAMBIA

THE TURKSIAD, an umbrella of Turkish industrialists and businessmen, is keen in creating partnerships with the private sector in Zambia to help promote trade and investment between the two countries.

Chairperson of the Turkey-Zambia Inter-Parliamentary Friendship Group Atilla Odunc, disclosed this when an eight-member delegation of business executives from Bursa, one of Turkey’s industrial cities and manufacturing hubs, paid a courtesy call on Zambia’s Ambassador to Turkey, Joseph Chilengi in Ankara on Tuesday.

Mr Odunc said, “We would like to use our strong manufacturing potential in Bursa and partner with the private sector in Zambia to help add value to Zambian raw materials so that we can create jobs and wealth for the peoples of our two countries.”

And TURKSIAD chairperson Berat Tunakan hoped that the interaction with the Zambian Mission in Ankara will help strengthen the existing strong relations between the two countries.

Mr Tunakan said Bursa contributes US$6 billion per year in exports to the Turkish economy   while imports stand at US$12 billion from economic activities such as textiles, motor vehicle manufacturing, tourism and agriculture.

TURKSIAD which has a 430-membership of Balkan and Rumelian Industrialists and businessmen has planned to undertake a business mission to Zambia to explore trade and investment opportunities.

Earlier, Ambassador Chilengi called on the business community in Turkey and Zambia to find innovative ways to operate in the new normal amidst uncertainty as the war against the COVID-19 pandemic continues.

Dr Chilengi told the Turkish business delegation that Zambia’s economic fundamentals remained strong and the country continues to be an investment destination of choice.

Meanwhile, TURSIAD has donated 20,000 medical masks to Zambia to help stem the spread of COVID-19.

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Written by Felix Nkinke

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