Business
Zambia Seeks Korean Investment in Infrastructure
Zambia has called on South Korean companies to explore investment and joint...
By Patricia Banda
Zambia has called on South Korean companies to explore investment and joint venture opportunities in the country’s infrastructure sector, particularly through Public-Private Partnerships.
Zambian Ambassador to South Korea ANDREW BANDA says the successful construction of the Kazungula Bridge demonstrates the potential for increased cooperation between Zambia and South Korea in infrastructure development.
Mr. BANDA says the Zambian Government appreciates the contribution of South Korean engineering company DAEWOO E&C to the construction of the 923-metre bridge linking Zambia and Botswana across the Zambezi River.
He said this when he appeared on South Korea’s Arirang Television programme, Diplomat’s Archives and Hidden Stories, where he discussed the regional significance of the Kazungula Bridge and Korean engineering expertise in Zambia.
Lakatips
The morning briefing
Zambia’s news, before your first meeting
One email each morning with the headlines that matter, from every newsroom we follow. Free, and one click to stop.
Mr. BANDA said the Kazungula Bridge has become a strategic gateway linking Zambia to markets in Zimbabwe, Namibia, South Africa and beyond.
He said the bridge has improved the movement of people and goods while creating opportunities to expand regional trade, logistics and supply chains.
Mr. BANDA has also called on Korean railway construction companies to explore opportunities to establish a rail crossing at the Kazungula border.
He said integrating road and rail infrastructure would improve bulk cargo movement and strengthen the region’s multi-modal transport network.
And Ambassador BANDA has called for the establishment of a resident Embassy of the Republic of Korea in Lusaka.
He said a resident Korean mission would provide a more direct channel for strengthening bilateral relations and expanding cooperation between Zambia and South Korea.
This is contained in a statement issued to ZNBC News in Lusaka by the Zambian Embassy in Seoul.
Source: Zambia24 — Read more
More to read
All Business →
Y Celeb ft. Vocalist Zm – Dobo Video
Copperbelt rap heavyweight Y Celeb has released a new music video for his latest song, “Dobo,” a record that challenges the stereotypes society often attaches to people who smoke marijuana. The song questions the assumption that marijuana users cannot achieve success, highlighting how quick judgements…
Catholic priest Tyola, UPND’s Bwalya, reportedly reconcile
Catholic priest Father (Fr) Henry Tyola and United Party for National Development (UPND) official Frank Bwalya have reportedly reconciled following a dispute over alleged defamation and cyber-related abuse. Last week, Zambia Monitor reported that Bwalya, had threatened legal action against Fr Tyola over the alleged…
Zambia claims unemployment rate falls to 9.9%, as Western Province worst hit at 20.6%
Zambia’s unemployment rate fell to 9.9 percent in 2025 from 12.9 percent in 2024, while the employment-to-population ratio increased to 37.1 percent, according to the latest labour market survey. The findings were released during the official dissemination of the 2025 Labour Force Survey and Employment…