Thursday, November 20 2008 Home arrow Main News arrow India welcomes Multi Facility Economic Zone for Indian companies in Zambia

 
 
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( LATEST ONLINE NEWS OF INDIA )

India welcomes Multi Facility Economic Zone for Indian companies in Zambia PDF Print E-mail

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Shri Kamal Nath, Union Minister of Commerce & Industry, has welcomed the Multi Facility Economic Zone created by the Zambia Development Agency for Indian Companies to set up manufacturing and services industries in Zambia.

Shri Kamal Nath, Union Minister of Commerce & Industry, has welcomed the Multi Facility Economic Zone created by the Zambia Development Agency for Indian Companies to set up manufacturing and services industries in Zambia.


During the bilateral meeting with Mr. Felix C. Mutati, Minister for Trade, Commerce and Industry, Zambia, here , Shri Kamal Nath stated that India has lot to offer for infrastructural development in Zambia, particularly in energy, mining, agriculture, commercial building and road transportation sectors.


He added that India would like to explore and invest in the development of industries-based crops such as cotton, sugar, soya bean and groundnuts. Both sides agreed for cooperation for capacity building in the field of agro-processing and development of agro product markets.


The meeting was attended by Shri Ajai Shankar, Secretary (DIPP), senior officials from both the countries and representatives from CII and FICCI.

 


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