Zambia Accelerates Economic Growth with Focus on Enhanced Trade and Infrastructure
Zambia has embarked on a concerted effort to boost trade efficiency and elevate infrastructure standards, initiating a series of strategic measures aimed at unlocking the country’s economic potential. Spearheaded by various ministries and endorsed at a town hall meeting in Lusaka, this move seeks to address the challenges hindering trade, promote cross-border cooperation, and bolster economic growth.
Trade Facilitation and Infrastructure Development
Minister of Finance and National Planning, Situmbeko Musokotwane, underscored the detrimental impact of delays at entry points on trade and economic development. Recognizing the urgency of the matter, he emphasized the need to remove bottlenecks at border posts to accelerate trade processes. The government, through rigorous oversight and strategic investments, is committed to upgrading infrastructure, including roads and parking spaces at border posts, to enhance trade efficiency.
Furthermore, President Hakainde Hichilema’s upcoming meeting with Botswana’s President Mokgweetsi Masisi in Livingstone aims to finalize the establishment of the Kazungula Border Authority. This initiative is poised to foster trade between the two countries and beyond, signifying a significant step towards regional cooperation and economic integration.
Health and Safety Measures
Health Minister Sylvia Masebo reiterated the government’s commitment to ensuring the safety and health of citizens at border posts. Stricter regulations and comprehensive screenings of goods entering the country are prioritized to safeguard public health. Additionally, measures are underway to engage with the Southern African Development Community (SADC) to protect Zambian truckers when entering the Democratic Republic of Congo (DRC).
Private Sector and Stakeholder Perspectives
Private sector stakeholders voiced their concerns regarding the impact of police checkpoints on major highways, citing corruption and delays in transit time for goods. Ashu Sagar, President of the Zambia Association of Manufacturers, advocated for the removal of checkpoints to eliminate corruption and facilitate smoother business operations. Similarly, Sokwani Chilembo, Chief Executive Officer of the Chamber of Mines, emphasized the need for efficient border management to ensure accountability in trade activities.
Conclusion
As Zambia strives to enhance its trade ecosystem and streamline border processes, collaborative efforts between government agencies, private sector stakeholders, and regional partners are paramount. By prioritizing trade facilitation, infrastructure development, and stringent safety measures, Zambia aims to create an enabling environment for economic growth and prosperity. The collective commitment to these initiatives reflects a proactive approach towards realizing Zambia’s vast economic potential and fostering sustainable development.
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