Zambia Needs To Take Advantage Of China's Goodwill To Spur Economic Development
Faizan Hashmi Published January 18, 2019 | 06:59 PM
Zambia needs to take full advantage of China's goodwill and technological progress to spur its economic development, a local expert said here on Thursday
Zambia has not done much in that aspect, said Misheck Mwanza, the immediate past director of the Zambia Institute of Diplomacy and International Studies and a former Zambian diplomat.
While acknowledging that China's support of infrastructure development was expected to trigger investment in various sectors such as manufacturing, the expert said in an interview with Xinhua that the Zambian authorities have not fully engaged China to ensure technological transfer and promote industrialization.
"In Zambia there has been so much talk about value addition, but in concrete terms nothing is really happening. Take, for example, tomatoes, mangoes, guavas, pineapples and other farm products that go to waste," he said.
There is a need to seek Chinese assistance "to start processing these commodities into juices and other finished products," Mwanza said.
Zambian authorities, he said, need to engage their Chinese counterparts in assembling some processing machines in the country so as to supply cheaper machinery to the locals, adding that this will be another way of encouraging technology transfer and job creation.
There was no doubt that China has achieved much in terms of development since the founding of the People's Republic of China 70 years ago, he said.
He said that a huge and enlightened population, with a vibrant middle class, have been essential to China's tremendous development.
The expert urged Zambia and other countries to emulate China's policy consistency fortheir development path. Inconsistency in policies is a drawback for national development, he said.
Recent Stories
SIU arrests robbery gang targeting bank customers
Asia Cricket Week from April 28
PSA World C'ships in May
Food Safety Authority raids hospitals' canteen across KP
US Fed's favored inflation measure accelerates in March
Kenya flood death toll since March climbs to 70: govt
Rafiq-ul-Hujajj Committee to organize 2nd training session for pilgrims in Abbot ..
Defence Minister leads Pakistan's delegation to Kazakhstan SCO moot
PRCS Chairman, Moroccan envoy discuss humanitarian relations
50pc cut in subsidy of BRT service likely: CM’s aide
Russia striking Ukraine railways to 'paralyse' army cargo: Ukraine source
Cop, suspected outlaw injured in police encounter
More Stories From Business
-
50pc cut in subsidy of BRT service likely: CM’s aide
51 minutes ago -
PSX gains 771 points
1 hour ago -
Pakistan, US hold 7th TIFA meeting to strengthen trade and investment ties
2 hours ago -
Meeting held to streamline trade between Pak-Afghan , Central Asian Republics
2 hours ago -
Coca-Cola invests an additional $22 million in Pakistan
2 hours ago -
SECP Introduces SECP-XS: A swift complaint resolution platform
2 hours ago
-
SBP to announce monetary policy on April 29
1 hour ago -
London stocks hit new record peak on takeovers
1 hour ago -
Rupee sees slight recovery against US dollar
1 hour ago -
Kitchen items’ prices ease as weekly inflation falls by 1.1%
4 hours ago -
Shipping Activity at Port Qasim
5 hours ago -
Yen falls further as Bank of Japan stands pat on rates
1 hour ago