President Hichilema Spearheads Lobito Corridor Investment Forum
President Hakainde Hichilema led the Lobito Corridor Private Sector Investment Forum, which saw the convergence of key stakeholders from Angola, the Democratic Republic of Congo (DRC), Zambia, and international partners such as the United States and the European Union.
The forum centered on the transformative Lobito Corridor Railway Line project, aimed at connecting Zambia to both the Atlantic and Indian Oceans via Angola and Tanzania.
President Hichilema underscored the project’s potential to revolutionize regional trade and spur investments across various sectors, including transport logistics, agriculture, manufacturing, renewable energy, and tourism.
Of particular note was the collaborative initiative in electric battery trade involving Zambia, the DRC, and the United States, signaling a promising avenue for economic cooperation and development.
Acknowledging the vital contributions of partners like the United States, the European Union, the Africa Finance Corporation, and the African Development Bank, President Hichilema expressed gratitude for their support in advancing the corridor’s development.
Addressing his fellow Zambians directly, President Hichilema emphasized the significant job opportunities and economic prospects that the investment would bring forth.
He urged citizens to capitalize on these opportunities for their personal and collective advancement.
The Lobito Corridor Private Sector Investment Forum not only showcased Zambia’s commitment to regional integration and economic development but also highlighted President Hichilema’s dedication to leveraging strategic partnerships for national prosperity.
