THE Common Wealth Partnership for Technology Management (CPTM), a company based in the United Kingdom has expressed interest to invest in the agriculture sector.
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Chief Executive Officer, David Smith revealed this yesterday when he led a delegation at State House.
President Hakainde Hichilema thanked CPTM for the development, which he said was timely and would help the country improve food production.
The President noted that Zambia had favourable resource endowment and good water bodies that could provide food not only within the country but the region.
He observed that if well supported, the agriculture sector would make the country expand its potential to supply food to neighbouring countries such as the Democratic Republic of Congo and Malawi among others.
“We need to produce more food not only for our country but also beyond. And such cooperation will help drive the country to be the centre of food production,” Mr Hichilema noted.
And Mr Smith proposed two projects which are aligned with President Hichilema’s vision and passion to improve the agriculture sector.
Mr Smith noted that the projects are based on increasing small holder yields and productivity.
He said the investment will help small holder farmers double their production within two seasons.
He explained that the project will also act as an arch-tech innovation fund which will pump investment into a group of countries in the region.
“Mr President Sir, I must mention to you that one of our patrons is Uganda. President Yoweri Museveni has made it clear that he is behind this agenda. And, I believe that you will also be in agreement,” Mr Smith said.
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