On December 12, 2026, the Fourth Zambia Private Sector Day was grandly held at the Mulungushi International Conference Centre in Lusaka. Mr. Li Tie, Chairman of Camco Group, along with the company's management team in Zambia, was invited to attend and participated deeply in this national-level economic event themed "Driving National Development and Building Economic Resilience: The Role of an Innovative Private Sector in Job Creation and Sustainable Economic Growth."
The conference was presided over by Zambian President Hakainde Hichilema, who delivered a keynote speech announcing the official inclusion of "Private Sector Day" in the government gazette, establishing it as a dedicated national event for the business community. Unlike a public holiday, this occasion will serve as a key platform for business matchmaking, project presentations, and partnership signing, aiming to translate public-private dialogue into tangible investments and deals, thereby creating more direct cooperation opportunities for enterprises operating in Zambia.
During the event, representatives from various sectors including energy, manufacturing, agriculture, and the digital economy showcased reform achievements. Outcomes such as improved power supply, digitized agricultural subsidies, and shared telecommunications infrastructure provided solid support for reducing business costs and expanding investment. The Camco Group team engaged in in-depth exchanges with other participants on key issues including inclusive finance, financing for small and medium-sized enterprises (SMEs), and the development of regional trade corridors, gaining precise insights into the core dividends of Zambia's economic reforms.
It is noteworthy that Zambia has reached a debt treatment agreement under the G20 Common Framework and continues to receive support from the International Monetary Fund's (IMF) Extended Credit Facility. Coupled with the Lobito Corridor project promoting the globalization of copper and agricultural product exports, the local economy is entering a critical window of development opportunity. Furthermore, 60 out of the 120 reform interventions jointly identified by the government and the private sector have been implemented. Three new technical working groups—focusing on Gender and Women, Health, and Media—have been established, marking the transition of public-private collaboration into a "2.0 era."
As a Chinese enterprise actively expanding in the African market, Camco Group's participation in this event not only witnessed Zambia's firm commitment to improving its business environment but also enabled the company to establish in-depth connections with various enterprises and government departments. Going forward, the Group will leverage Zambia's reform dividends and regional cooperation opportunities to deepen its local business footprint, enhance the quality and efficiency of China-Zambia economic and trade cooperation, and inject more Chinese momentum into regional economic growth and job creation.
