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Wednesday / April 24.
HomeCompaniesZDA signs deal with CIGR to create charter cities benchmark

ZDA signs deal with CIGR to create charter cities benchmark

The Zambia Development Agency (ZDA) has signed a Memorandum of Understanding with the Center for Innovative Governance and Research (CIGR) with a view to increase competitiveness and investor friendly practices benchmarked on charter city best practices and building capacity in areas under the scope of ZDA in Zambia.

In a statement availed to Zambian Business Times –ZBT, ZDA Acting Director General Matongo Matamwandi says the cooperation aims at transforming the Agency’s internal systems and procedures so as to create an investor and export friendly climate in Multi-Facility Economic Zones, Industrial Parks and Farm Blocks in Zambia.

‘‘The MOU marks an important milestone in the promotion of the zones which should have quality investments that deliver the much required skills, technologies and capital which add value to the countrys’ natural resources which transforms the economy.’’ elaborated Matamwandi.

He said the Agency looks forward to sharing knowledge on key aspects regarding global investment trends and governance. ‘‘We are sure the capacity building programmes will yield the necessary results for both parties and the nation as a whole,’’ he added.

Meanwhile, CIGR Executive Director Mark Lutter explains that his team has global experience, transformation, enhancing administrative, and management practices in city developments in Africa, Asia, and Latin America.

He adds that CIGR’s objective is to work with ZDA to develop robust and competitive business practices benchmarked on Charter City standards making Zambia the preferred investment destination of choice. The duo were speaking in Lusaka at the ZDA headquarters during the MoU signing ceremony.