Zambia Courts Turkish Investment to Boost Economic Diversification

The Zambian government is intensifying efforts to attract Turkish investment as part of its broader strategy to drive economic growth and reduce dependence on a narrow range of sectors.

Finance and National Planning Minister Situmbeko Musokotwane said the country is prioritising investment in key sectors that can accelerate economic transformation and long-term development. He made the remarks during a courtesy visit by Turkish Ambassador to Zambia, Huseyin Barbaros Dicle, at his office.

Dr. Musokotwane highlighted Turkey’s impressive economic trajectory, describing it as one of Europe’s most vibrant and fast-growing economies, and noted that Zambia sees strong potential for mutually beneficial partnerships.

He said government is focused on building sustainable investment relationships in areas where both countries share economic interests and comparative advantages.

In response, Ambassador Dicle expressed Turkey’s readiness to expand its investment footprint in Zambia, particularly within the mining sector, which remains central to the country’s industrial development.

The Ambassador also noted that the launch of regular Turkish Airlines flights has significantly enhanced connectivity, making trade, tourism, and investment exchanges between Zambia and Turkey more accessible.