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Tuesday / November 5.
HomeMarketsCzech invites Zambia for benchmarking exchange program

Czech invites Zambia for benchmarking exchange program

Czech Ambassador to Zambia Radek Rubes says Zambia’s current economic reform evolution resonates with that of the Czech Republic, which underwent similar trajectory about two decades ago.

Ambassador Rubes says Zambia’s geographical location gives it a commanding advantage in the regional transportation and logistics chain.

Speaking during a courtesy visit on Finance Minister Dr. Bwalya Ng’andu at the latter’s office in Lusaka on February 21, 2020, Rubes extended the invitation to his country for a benchmarking and best practice exchange programme in management and control of public finances, debt management, taxation and customs management, fiscal management, and administration of public private partnership programmes.

“My country wants to deepen development cooperation with your beautiful country, through programmes such as the benchmarking and best practice initiative,” said Mr. Rubes.

And Dr. N’gandu thanked the Czech government for extending the invitation to Zambia “as there will be performance improvement benefits from the best practice and performance benchmarking initiative.”

According to information made available to the Zambian Business Times – ZBT by Ministry of Finance Spokesperson Chileshe Kandeta, the Minister took the opportunity to explain how Zambia’s developmental trajectory is targeted at optimising efficiency gains in air, road and power supply.

“The completion of priority air, road and power projects will further open the country to regional trade,” He said

He cited the new terminal building at the Kenneth Kaunda International Airport, the new multi million dollar airport being constructed in Ndola, the Kafue Lower Power Project, and the Kazungula Bridge as some of the projects that will propel Zambia to a higher level of development and logistical connectivity.