Many investors have shown interest in the Batoka Gorge Hydro Electric Power Project
Minister of Finance Felix Mutati says many investors have shown interest to invest in the Batoka Gorge Hydro Electric Power Project.
Mr. Mutati says investors talked to by the Zambian and Zimbabwean governments at the just ended Batoka Gorge Hydro Electric Power Project Investors Conference have shown interest to invest in the project.
The minister says the overwhelming response to the conference by investors who include the African Development Bank, World Bank, European Investment Bank, private banking sector and property developers has given confidence to the two governments.
Mr. Mutati also told ZNBC news at the close of the conference in Livingstone that the Zambia and Zimbabwean governments will now start talking to ordinary people from the two countries on various opportunities that will be derived from the project.
He says the two governments want ordinary Zambians and Zimbabwean to take advantage and have ownership of the project through among other things shareholding, career and business opportunities.
And Japanese Ambassador to Zambia Hidenobu Sobashima says the Batoka Gorge Hydro Electric Power Project is good investment and will encourage his government and Japanese companies to invest in the project.
And representative of Power China Feng Jing Jun says his company, like many other Chinese companies are interested in investing in the project because of its viability.
The duo was speaking in separate interviews with ZNBC News during a site tour of the Batoka Gorge.
Meanwhile African Development Bank Vice President Amadou Hott says the bank will by July this year approve up to two hundred and fifty million dollars requested by the Zambian government to address the country’s energy crisis.
Mr. Hott told ZNBC News in an interview at the close of the conference that this will help Zambia recover from the power deficit and improve the liquidity of Zesco through reforms.