ZAMBIA – HUB OF CENTRAL SOUTHERN AFRICA

James ThorntonBritish High Commissioner to Zambia

http://aidsoversixty.files.wordpress.com/2011/07/zambia-business-map.png

Presentation Outline

Bilateral Trade

Strengths

Trade and Investment

Opportunities

Challenges

British Companies in

Zambia

Conclusion

Presentation Outline

Bilateral Trade

Strengths

Trade and Investment

Opportunities

Challenges

British Companies in

Zambia

Conclusion

Bilateral trade

• Generally stable political system• UK strong brand• Strong growth; reasonable macro economic

fundamentals• Abundant natural resources presenting good

investment and trade opportunities • MFEZ - Incentives• Unlimited repatriation of after tax profits• Progressive banking, legal and insurance services of

international standards. • Good place to work & live, friendly people

Strengths

• Mining: Zambia possesses Africa’s largest known copper and emerald reserves

• Agriculture: only 1.5 m ha of the 42m ha arable land is under cultivation; accounts for about 40% of the fresh water resources in Southern Africa

• Energy: Potential to produce 6,000MW of hydro energy, currently only producing 1, 980MW

• Manufacturing: Multi Facility Economic Zones established to support investment

• Tourism: 20 national parks, 34 game management areas, home to Victoria falls

• Infrastructure: Massive projects being undertaken, roads, rail, electricity generation and airports

• Rapidly growing urban middle class

Trade and investment opportunities

Challenges

UNCLASSIFIED

•Landlocked country, input costs tend to be high•Underperforming education and training system•Poor infrastructure•Red tape•Limits on work permits for expats•Preferential treatment of Zambian companies bidding for public contracts•Regulatory changes introduced with little notice•Political constraints to laying off workers•Land rights for customary land can be bureaucratic

British companies in Zambia

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http://www.google.co.uk/imgres?imgurl=http://professionaloutsourcingmagazine.net/webassets/assets/RIO_TINTO_Logo.gif&imgrefurl=http://www.professionaloutsourcingmagazine.net/newsitems/rio-tinto-mines-ibm-outsourcing-for-cuts&usg=__uGXdvvyFm-gCowOCcI65HxZOlOw=&h=162&w=259&sz=9&hl=en&start=2&zoom=1&tbnid=0gmrVlHacZdYEM:&tbnh=70&tbnw=112&ei=28mEUoXxDcrH0QWhx4CoDg&prev=/search?q=rio+tinto+logo&um=1&safe=active&hl=en-GB&gbv=2&tbm=isch&um=1&itbs=1&sa=X&ved=0CC4QrQMwAQ

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http://www.google.co.uk/imgres?imgurl=http://www.miamicondoinvestments.com/blog/wp-content/uploads/2013/04/knight-frank-logo.jpg&imgrefurl=http://www.miamicondoinvestments.com/luxury-homes/miami-ranks-third-on-knight-franks-q1-2013-prime-global-cities-index/&usg=__jpgLJBd_bZFXMmIhspU3RhpRshM=&h=432&w=1181&sz=30&hl=en&start=2&zoom=1&tbnid=tKQYS3cyJDT-6M:&tbnh=55&tbnw=150&ei=IMuEUoiPFuGw0QWC_oHoDA&prev=/search?q=knight+frank+logo&um=1&safe=active&hl=en-GB&gbv=2&prmdo=1&tbm=isch&um=1&itbs=1&sa=X&ved=0CC4QrQMwAQ

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• No UKTI presence at present

• A market that requires work

• But strong economic growth and

good margins

Conclusion

CONTACT US

Tel: +260 211 423200Email: [email protected]

@FCOJamesT

Website: www.gov.uk/world/zambia www.facebook.com/UkinZambia

@UkinZambia

Contact Us

mailto:[email protected]

http://www.gov.uk/world/zambia

http://www.facebook.com/UkinZambia

http://www.facebook.com/pages/UK-in-Zambia/202148536471223?sk=wall

Documents

ZAMBIA – HUB OF CENTRAL SOUTHERN AFRICA