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The Turkish government has pledged to assist Zambia in its infrastructure development agenda by sharing its knowledge and experiences.
Turkish Minister of Transport and Infrastructure, Adil iKaraismailoğlu said his country was ready to share all the information, knowledge and experiences that the country has in order to assist Zambia in its infrastructure development agenda.
He said this at a working dinner on Tuesday in Ankara, where he hosted the Zambia’s Transport and Logistic Minister Frank Tayali.
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iKaraismailoğlu said good and strong infrastructure was the key to national development as it facilitated trade, promoted socio-economic development, and strengthened trade and development of the country as well as attracting
investors.
He highlighted some of the benefits of the Public Private Partnership which include speeding up the completion of projects and generate revenue for government and the public.
“These ventures help relieve the pressure on the Treasury as they help speed up the completion of projects,” iKaraismailoğlu said.
In response, Tayali implored the Turkish private sector to consider investing in various sectors of Zambia’s economy including tourism and infrastructure development.
Zambia’s Transport and Logistic Minister Frank Tayali with the Turkish Minister of Transport and Infrastructure, Adil iKaraismailoğlu in Ankara this week.
Tayali said the business community in Türkiye stood a better chance to benefit from Zambia’s central geographical position, land linked connectivity position and existing peace in and around the country.
“The Zambia Republican President, Mr. Hakainde Hichilema, has directed the PPP Council to undertake study tours of countries that have successfully implemented Public Private Partnership projects for the purpose of learning
and sharing knowledge, experiences, innovations and best practices,” Tayali said.
He said the government’s policy position had emphasised the importance of PPP and envisaged to achieve this through strengthening the PPP legal and regulatory framework.
PPPs, he said, would help Zambia actualise its potential in the region through increased connectivity with other neighbouring countries and supporting increased investment, trade and economic growth.
“The development agenda of Zambia, in the wake of constrained fiscal space in the country, will be actualized through private sector engagement,” Tayali said.
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