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The Independent Observer > Business > MYSILO urges Turkish firms to invest in Zambia

MYSILO urges Turkish firms to invest in Zambia

By JOHN SAKALA
MYSILO, Europe’s biggest silo manufacturer has urged Turkish companies to take advantage of Zambia’s favourable investment climate and political stability to invest in the country.

MYSILO Grain Storage Systems Incorporated Company sales manager, Kasim Yen said Zambia remains an investment destination of choice in Africa due to good policies that enable businesses to thrive as well as political stability.

Mr Yen was speaking at the just ended 8th IDMA International trade exhibition of milling and pasta technology in Turkey’s commercial hub of Istanbul.

“We have done a lot of business in Zambia and I must say that the country is very safe and has a favourable business environment and in addition, the people are very friendly and warm,” Mr Yen said.

Mysilo has successfully completed over 2,000 projects in over 60 countries, which includes Zambia.

The International Flour, Feed, Semolina, Rice, Corn, Bulgur Machinery Pulse, Pasta and Biscuit Technologies (IDMA) started on March 20, 2019 and ended on March 23, 2019.

Eight Zambian Small and Medium Enterprises (SMEs) under the auspices of Multinational Business Zambia attended the8th IDMA International trade exhibition of milling and pasta technology in Turkey.

The IDMA Exhibition, which attracted processors from 144 countries, is held every two years and is aimed at facilitating investment programmes and partnerships.

This is according to a media statement made available to The Independent Observer by First Secretary for Press at the Zambian Embassy in Turkey Jerry Munthali.

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