3 Russian firms hope to invest $2bn in mining
3 Russian firms hope to invest $2bn in miningBy Masuzyo Chakwe
Monday June 16, 2008 [04:00]
OUTGOING Russian Ambassador to Zambia Dr Anvar Azimov has disclosed that three Russian multi-billion companies will next month visit Zambia with the hope of investing capital in the mining sector. In an interview, Ambassador Azimov said if all went well, the total investment in Zambia would exceed US$2 billion, thus creating many jobs for Zambians. Ambassador Azimov said Russia was also willing to assist Zambia in strengthening its military potential.
He called for new actions to fight poverty, infectious diseases and to develop in a faster manner, to attain economic independence. He added that Zambia was politically independent and hoped she would soon become economically independent.
He said Zambia was the core of Africa and one of the most stable and peaceful states with an excellent system of good governance.
Ambassador Azimov hoped Zambia would promote further the strengthening of the African Union, Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA) to contribute to the region’s economic integration.
He was however happy with the level of relations between Russia and Zambia.
posted by MrK @ 12:15 AM
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