By Amos Sikaonga 
By Amos Sikaonga
Bank of China has reaffirmed its commitment to supporting initiatives that drive Zambia’s economic growth, for the mutual benefit of both countries.
Bank Managing Director, Li Xuewen, noted the long-standing and cordial bilateral relations between the two nations, recently reinforced by a state visit from President Hakainde Hichilema to China.
“I am pleased with Zambia’s current growth trajectory and the increasing number of Chinese investors establishing businesses here,” Mr. Xuewen stated.
Mr. Xuewen also revealed that ZDA and the Bank of China have agreed to collaborate on a range of investment and trade-related initiatives, both in Zambia and China.
He was speaking during a meeting with Zambia Development Agency (ZDA) Director General Albert Halwampa, ahead of the inaugural Investment Conference slated for July, 2025.
And Mr. Halwampa, explained ZDA’s mandate in fostering investment, trade, and business development.
He emphasized how the Bank of China could contribute by recommending investors and providing financing for investment projects.
“There is so much in common between Zambia and China, and this foundation should enable our institutions to collaborate effectively,” Mr. Halwampa said.
The inaugural Invest–Zambia International Conference (IZIC), will take place from 16th to 18th July 2025, in Lusaka.
Formally hosted by President Hichilema, the annual event is expected to attract around 1,000 local and international investors, including representatives from prominent businesses and financial institutions.
As part of these preparations, ZDA is engaging strategic partners and stakeholders to support the Conference, to ensure the event’s successful launch and long-term impact.
The Agency’s engagement with Bank of China in Zambia is aimed at exploring potential collaboration in hosting the conference.
Cecilia Chiluba