Mr Finke said the increase in the number of German companies to do business in Zambia was due to the huge economic potential the country offered and the continued peace.
He further cited Zambia’s impressive growth rates.
Mr Finke said in interview that the businesspeople feel encouraged to invest in a country which has a long history of political stability and where ethnic communities live together peacefully.
“I am encouraged by the increased interest of German companies to do business in Zambia. When I ask members of the German business community about their motives to come to Zambia, the answer is mostly the same, for example they are encouraged by Zambia’s huge economic potential, “he said.
He said that he was confident that there would be more German businessexecutives and women coming to Zambia.
The envoy said he was hopeful that the German-Zambian investment protection treaty would provide a reliable basis for German investment.
Mr Finke said during his first year as ambassador to Zambia he was struck by a huge variety of issues which define the long-standing relationship between Germany and Zambia.
He said the two country’s relationship was based on development cooperation to trade and commerce as well as foreign policy issues of cultural affairs.
German investors lured
GERMAN investors are encouraged to invest in Zambia because of its long history of political stability and the huge economic potential, German Ambassador to Zambia Bernd Finke has said.