IT must have started from an
individual’s mind who upon gazing at what the province is endowed with, felt
there must be some action applied to turn around the wheel and put in motion
for the purpose of adding value to the natural resources.
Such could have happened and with the
high sense of conviction, this individual then set up a team of think-tanks to
lay down the foundation for the event which has now caught the eye and
attention of the international investor and are on the way to not only sample
but make the province their choice of planting their investment.
This is no other than the Nickson
Chilangwa Team that mooted the idea for the opening up the province to the
would-be investor in various sectors of development.
As can be seen and read on the official
website, the Luapula Provincial Administration working in conjunction
with the Ministry of National Development Planning, Ministry of
Commerce, Trade and Industry, Ministry of Tourism and Arts, the
Zambia Development Agency and the Zambia Tourism Agency have
partnered to host the Luapula Expo-2017 which is a five (5) day
economic and investment tour of Luapula Province, from the 26th
to 31st July 2017.
The Expo, the first of its kind, will be
held under the theme “Linking Investors to Luapula Province to
unlock the Economic Potential” and President Edgar Lungu is expected to
officially grace the week-long Expo, which is poised to be a permanent
feature on the annual Zambian Corporate Investment calendar.
The Expo targets to market the province
with reference to seven thematic investment areas namely: Agriculture, Tourism,
Mining, Aquaculture, Energy, Livestock and Forestry. The Expo focuses
on connecting both local and foreign ambitious investors looking for new
locations to base their businesses.
With a wide set of opportunities
available in the province as listed investment areas, investors have the
choice to explore and take advantage of a range of benefits and incentives
that have been packaged to undertake business.
Luapula Expo &
Investment Conference
One would wonder as to what this Expo which
is attracting so many local and foreign interests is all about. The Luapula
Expo & Investment Conference 2017 is a business tour, expo
and conference set to unlock the numerous investment opportunities found
within the great province.
The website further explains that activities
during the event create a highly interactive platform where a high calibre
of investors and business professionals can meet, network, conduct
business and share best practices.
The event is about Luapula’s huge
economic potential, drawing to the province local and international
investors and businesses to gain a 3-dimensional appreciation and explore
the untapped business potential in Luapula.
Investors identified and invited are
those that have shown interest in the priority the sectors such as tourism,
mining and agriculture.
What
is Luapula Province all about?
Named after the Luapula River, it is one
of Zambia’s ten provinces, located in the north of the country with its
provincial capital based in Mansa.
The province has a surface area of
approximately 50.566 (km) and has about 1 million people with an
annual growth rate of 2.8 percent according to the Central Statistics
Office record of 2010.
It is subdivided into eleven (11)
administrative Districts namely: Milenge, Chipili, Chembe, Samfya, Mansa,
Mwense, Kawambwa, Nchelenge, Mwansabombwe, Lunga and Chienge.
With the exception of Milenge, Chipili,
and Chienge Districts, all other districts are linked by tarred roads
while Lunga District in the wetlands is accessed by boats. The province
enjoys the benefits of a good communication network as most of
the districts are serviced by all the three mobile network providers.
Luapula province is a haven of
investment opportunities and has great potential for Agriculture, Rubber
production, Tourism, Mining, Forestry, Hydro-Power & Aquaculture.
The province has good arable land, good
rainfall patterns, abundant water resources and wetlands and boasts of
having 8 waterfalls, amongst them the Lumangwe which is the second largest
waterfalls in Zambia after Victoria Falls.
Luapula also has enormous reserves
of copper ore deposits and several other mineral deposits. Other metals
found in the province include manganese, iron, silver, gold and
precious stones like emeralds.
However, from a glance, the historic
event has the following schedule;
Wednesday 26 July 2017
Location: Samfya
Secretariat: Registration of Delegates
Highlights: Investor’s Welcome Cocktail, Boat Cruise
Investment Areas: Tourism & Hospitality
Thursday 27 July 2017
Location(s): Mansa, Kawambwa
Secretariat: Registration of Delegates
Highlights: Mansa Business Opportunities, Mumbuluma & Musonda
Falls, Isubilo Palm Oil Plantation, Investors Dinner
Investment Areas: Energy, Tourism, Agriculture
Friday 28 July 2017
Location(s): Mansa
Secretariat: Registration of Delegates
Highlights: Official Opening by President Edgar C Lungu
Investments Presentation
Forestry Presentation
Fisheries Presentation
Mining & Oil Exploration
Presentation
Energy Presentation
Transport Presentation
Facilities & Border Infrastructure
Presentation
Trade Opportunities with DRC – Presentation
Agro-Processing Presentation
Break-Away Sessions
Dinner
Investment Areas: Agriculture, Fisheries, Tourism, Mining, Forestry, Hydro-Power
& Aquaculture.
Saturday 29 July 2017
Location(s): Kawambwa, Mansa
Secretariat: Registration of Delegates
Highlights: Rubber Plantation, Umutomboko Ceremony, Lake Mweru, Dinner
Investment Areas: Tourism, Forestry, Rubber
Sunday 30 July 2017
Location: Kawambwa
Secretariat: Registration of Delegates
Highlights: Kawambwa Tea Estates, ZAFFICO Forest Lumangwe Waterfalls,
Chishinga Ranch, Investors Dinner
Investment Areas: Forestry, Agriculture, Tourism
Nevertheless, the province is vigorously
being marketed for investment in the rearing of livestock such as cattle, goats,
pigs and poultry. This is one of the untapped opportunities available in
the Province, considering that Luapula is also livestock disease free.
The province is looking for credible investors to invest in the rearing of
livestock of their choice.
In the area of forestry and rubber
plantation, the province has a total hecterage of 807 Ha of tree plantations
scattered across seven (7) districts, with Milenge District alone having at
least 45,000 eucalyptus trees that have matured and ready for
harvesting.
With regard to rubber plantations, the
province has 152 hectares in Nchelenge and Kawambwa Districts and for future
expansion, about 2,000 and 1,000 hectares have already been set aside in
Nchelenge and Kawambwa Districts respectively.
With an average of 450 trees per
hectare, the province has 57,600 fully grown trees ready for tapping. The
rubber plantation project was initially started by the government for
research purposes. However, given the positive and encouraging results, the
province is promoting private sector investment in this area.
Mining is another sector in the province with
enormous mineralisation of manganese ore deposits and several other mineral
deposits. Minerals available include Copper, Iron, Manganese, Lime, Gemstones
and Gold among other minerals. These minerals are available in specified
districts in the province.
However, currently, only the mining of
manganese is more prevalent but is also done at a very small scale due to
limited capital for mining operations.
And in the trade and investment potential
with the Democratic Republic of Congo, the two Governments have signed a Public
Private Partnership (PPP) agreement with GED Africa to construct a bridge
at Kashiba across the Luapula River, starting in the year 2018.
This project plus the on-going project to
complete tarring of the Pedicle road will increase trade between the
Zambia and Democratic Republic of Congo (RDC) and the entire SADC and
COMESA regions.
As for agriculture, the province falls within
the high rainfall belt classified as Region III with an average annual rainfall
of over 1,000mm. Rainfall levels are high throughout the province ranging
from 1000 to 1,500mm per annum.
In an effort to attract public and private investment
in the agriculture sector Government has intensified its strategy in policy
implementation through infrastructure roll out such as roads, development
of the Luena farm block and investment in research and improved extension
services.
The focus is on growing the following
Sugarcane, Palm Oil, Banana plantations, Horticultural Tree Plantations,
Cassava, Maize, Rice, Soya Beans, Wheat and Sunflower. The expansion
in production also will entail the establishment of processing plants in the
province.
Tourism also takes its share in the province
which is endowed with some of the unmatched natural wonders in the country.
It has a number of beautiful
waterfalls, wetlands hosting some of the rare animal and bird species in
the world like the black Lechwe and the shoebill stock.
The province has a rich culture with
traditional ceremonies which are popular tourist attractions.
The hub of Luapula’s tourism is
also combined with a number of traditional ceremonies such as the
Mutomboko of the Lunda people in Kawambwa, Ubuilile of the Bwile People in
Chienge, Malaila of Chishinga people in Kawambwa, Kwanga of the Ngumbo in
Samfya, Musubilwa-Mpemba of the Unga people of Bangweulu Swamps, Mabila of
the Shila people in Mununga and Chabuka of the Aushi people respectively.
In the area of aquaculture and investment
caging investment in aquaculture will be throughout the province as the entire
province has enough surface and underground water.
It is noted that investing in this area will
ease fishing pressure on lakes and rivers and allow for their re-growth.
In terms of fish cage culture in the
province, this is a new technology being promoted and the potential is
abundant as has been showcased by a few demonstrations that have been done
in the province.
A number of sites in the Bangweulu and
Mweru-Luapula fisheries have undergone environmental impact assessments (EIA)
and are earmarked for investment. Furthermore, the ambient water temperatures
prevailing tend to favour rapid maturity of the farmed fish.
Meanwhile, Zambia has an enormous demand for
energy and its central location gives it access to wider markets for this
commodity.
It is further noted that the potential
to make Zambia an energy hub is massive, due to its massive potential.
But for this potential to be unlocked,
the prerequisite is the development of electrical power both from hydro and
other sources such as solar and other forms of clean energy.
There are more than 7 potential
hydro-electric power generation sites in Luapula.
After all is said and done, the Expo is open
for individuals and institutions that are looking for a unique opportunity and
an exclusive platform for expansion of their business.
The think-tanks behind the Expo strongly feel
that apart from providing an avenue for investors to gain greater access to
information and alternative economic potential options available, the Expo
will provide endless opportunities by giving platforms to Institutions to
promote their respective brands and services.
Today it is Luapula Province, who is
next?