AESI seeks to invest in Zambia infrastructure projects

A Saudi international firm is making a multimillion dollar investment in Zambia's health care and energy sectors on a build, own, operate and transfer (BOOT) model.
The investment seeks to increase local employment, provide on-job training through professional international experts and use of latest technology in construction and projects as a whole, within international safety and security parameters, said Amir Qayyum, business development director of Advance Electronic Systems International (AESI).
He said, the AESI, has proposed the investment during the visit of the Zambian First Lady Esther N.T. Lungu who was on an official visit to Saudi Arabia recently.
Qayyum told Arab News that a concrete collaboration between the two countries is likely to be concluded in the very near future for the development of projects in the health and energy sector.
He said, during an official meeting with the wife of the Zambian president, she expressed her thanks to the Saudi government, humanitarian agencies and business community for their willingness to support the economic recovery of the country.
AESI is a management company which offers various management services in project engineering and investments with core principles for project development is to maximize local participation.
According to Qayyum, his company in partnership with internationally recognized companies specialized in various industries will provide a total development solution. This encompasses preparation of feasibility studies, project finance and project development through the engineering procurement and construction model.
"AESI has been providing construction management to numerous government and private entities and our priorities have always been client satisfaction and economic development of the region where the project is conducted or completed," he said.
Qayyum added: “The proposed groundbreaking projects will utilize the latest technology, which include the construction of a specialist hospital and sustainable energy, and their implementation will be of the utmost priority to our company.”