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Government has called on the Chinese investors to partner with Zambians in investing in green technologies and other low carbon development ventures that foster development and utilization of natural resources.
Minister of Green Economy and Environment, Collins Nzovu, said government is desirous to learn from china’s development experience and is optimistic of increased private sector participation through capacity building in value addition and job creation for timber products.
Nzovu said government also needs support in waste recycling, clean energy production and other green transformation projects as it spurs the country into a circular economy that will deliver economic growth and positive environmental outcomes.
“There are a lot of opportunities to venture into the carbon market and trade in Zambia in the climate change space in order to address adverse impacts of climate change through adaptation and mitigation,” he said.
Speaking when Chinese Ambassador to Zambia Du Xiaohui paid a courtesy call on him at his office in Lusaka on Thursday, Nzovu said government is also asking for support towards increased value addition to forest products.
“Increased value addition will require improved capacity for research and development through the Ministry’s forest research infrastructure and improved skills development through the academic training institution,” he said.
Chinese Ambassador to Zambia, Du Xiaohui, has praised the continued bilateral cooperation between the two countries and pledges his government’s continued support to the country’s economic development.
“The trade volume between Zambia as of last year stood at US$6.7billion, despite the world experiencing Covid-19 and this is expected to grow further this year,” Xiaohui said.
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