Fri, 31 Mar 2017 12:05:07 +0000 By SHEILA SAKUPWANYA Zhengzhou, China ZAMBIA’S demand for electricity in 2017 is expected to exceed 2,000 MW domestically and 80,000 MW regionally, says Zambia Development Agency (ZDA) investments director Matango Matamwandi. Mr Matamwandi said this during his presentation at the 11th China Henan Industrial and Commercial Enterprises Cross-Border Investment and Trade Fair held in Zhengzhou recently. He said Zambia had a huge deficit in the energy sector, hence the need to engage foreign investors in the production of energy to offset that demand. Mr Matamwandi said the country’s huge energy deficit meant that the market was readily available for the investor to flourish in the business. “Demand for electricity in 2017 is expected to exceed 2,000 MW domestically and 80,000 MW regionally while the demand for petroleum exceeds 52 million litres per month,” he said. “Energy sources in Zambia are electricity, petroleum, coal, biomass and renewable energy […]
Zambia woos Chinese investors for power projects
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