This afternoon, President Hakainde Hichilema met with a delegation from LONGi Green Energy Technology Company, a leading Chinese firm looking to invest in Zambia’s energy sector. The discussions centered on addressing the country’s energy challenges, which have been exacerbated by last year’s drought.
President Hichilema emphasized the critical role of energy in economic growth, stating that without sufficient power, Zambia’s development goals would be difficult to achieve. He urged LONGi Green Energy to accelerate its investment plans in Zambia to help the country meet its ambitious energy targets.
“We have set big targets for ourselves of wanting to reach 10 gigawatts of energy capacity in the next five years, with at least 1 gigawatt by December 2025,” President Hichilema stated.
To support these goals, the government is implementing key policy changes in the energy sector, ensuring a conducive environment for investment and expansion. The President reassured the nation of his administration’s commitment to resolving the country’s power shortages and creating a sustainable energy future.
“Your support and patience mean everything as we work toward a stronger, more prosperous Zambia,” he added.
Zambia’s push for increased energy capacity aligns with its broader vision of economic transformation, with renewable energy investments playing a crucial role in achieving long-term stability and growth.