By NOEL IYOMBWA
THE Lungu Royal Establishment (LRE) will this year host the Lunte investment expo.
LRE representative, Chitoshi Mulenga, explained that the initiative came from the establishment after realising that the district has a lot to offer and yet it remains behind in terms of development.
Dr Mulenga said the investment expo slated for June 1, this year would showcase some of the investment opportunities in the district.
He said Lunte is endowed with plenty of natural resources that could be harnessed for national economic development.
“This expo is special, as you are aware most investment expos are provincial but this one is a district investment expo. It is purely organised by traditional leaders in Lunte district.
“Lunte is strategically located and agriculture resources can be utilized to harness the agriculture market in the Great Lakes Region that includes Burundi, Rwanda, DRC and other countries,” he said.
He noted that although there were no mining activities currently, Lunte district has potential for mining of both precious and non-precious stones.
Dr Mulenga observed that processing industries could be developed to add value to the agriculture raw materials once the investments had been implemented in the area.
“The area produces plenty of cassava, beans, maize and other crops that can be introduced for medium scale such as soyabean, sunflower and moringa,” he said.
Dr Mulenga said the establishment has engaged events’ organisers to ensure that all things are in place and goes as planned.
He said that President Edgar Lungu has been invited to officiate at the event while a number of companies have shown interest in participating in the expo.
Dr Mulenga called on corporate entities to come forward and partner with the establishment for the event, whose launch will be held in Lusaka on Friday this week.
He said the launch dubbed ‘Meet the Chiefs’ will be held at Mika convention.
