Zambia inks $2.14bn deals in UAE

The Medical City will house a national paediatric cardiac centre and a national renal transplant and kidney disease centre, as well as offer robotic surgery, neurosurgery, orthopaedics, maternal and child health as well as rehabilitation.

It will also include a hospital, university and school to train the next generation of Zambian specialists.

Another health-related agreement was signed between Medland Health Services Zambia Limited and Lifenity Genomic Laboratory D-M-C-C and was expected to promote the use of artificial intelligence, robotics and digital health in Zambia’s healthcare sector.

The investment package also included a $40 million renewable energy agreement between Sekute International Free Zone and ZAKH Renewable Energy, as well as a $100 million commitment between Sekute International and Guidry Ports Services L-L-C for logistics and port-related services.

Two additional agreements were signed between the Zambia Development Agency (ZDA) and Royal Group of Companies, and between ZDA and Tieksoft Holdings Limited.

The Head of State said that the Grow Zambia Agenda was premised on sector-specific targets.

“No Government before us ever set such clear targets for growth and beyond these eight thematic areas, we also have targets for the other sectors such as health,” President Hichilema said.

President Hichilema said that the economy was on a trajectory of delivering beyond its Gross Domestic Product (GDP), based on the ambitious targets set under the Grow Zambia Agenda.

“If you take three million tonnes of copper by the current metal exchange price, you are talking about in excess of $40 billion,” President Hichilema said.