Investment agency to introduce Virtual Deal Room for investors to close transactions online


The Zambia Development Agency (ZDA) has announced introduction of a Virtual Deal Room which will enable investors meet online to close deals and transactions to be established in the country.

The platform would be operational daily to give an opportunity to any investor in the world to go in, negotiate deals and close transaction possibly with Zambian investors.

This was announced by the Zambia Development Agency (ZDA) Director General, Albert Halwampa, in an interview with journalists in Lusaka.

“This platform operates 24/7 to give an opportunity to any investor in the world to go in, negotiate deals, close transaction possibly with domestic investors.

“It does not matter where they are, they can go in any time and express their interest and intention to come and invest in Zambia.

“Investors will be meeting to close deals and transactions. Deals and transactions will take place on that platform,” Halwampa said.

Halwampa explained that rooms would be helpful in following up investment leads which turned into actualised projects.

“This is a room for making deals. What has been happening is that… we make sure that we hold investment and business forums and presentations for the best opportunities for the Zambia at the end of the day there will be investors who will be interested to come to Zambia.

“We call those leads, we follow them up, discuss with them and transform them into projects, they come, we give them businesses licenses and they become actual projects for example United Capital Fertiliser, they came as a lead and today they are distributing fertiliser all over,” he said.

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