Lusaka, Zambia 3rd Sep 2010 (ABN) – SAFINTRA a global roofing firm is hoping to invest about US 25 million dollars in Zambia in the next five years in its attempt to enhance its operations and increase market share.

The company which is a subsidiary of SAFAL group of companies has immense presence in 13 countries in eastern and southern Africa and it commenced its operations in Zambia five years ago.

SAFAL group has selected Zambia as a hub for production of light trusses which it hopes will replace wood during roofing and is also known to be much cheaper and lasts longer.

“The group is focused on providing world class roofing in Africa, Zambia included by the end of 2012 and the group aim is to have a stronger presence in 20 African countries,” said Ashok Kumar a Director.

Zambia’s construction sector has been fragile for years but currently is showing signs of growth and is poised for more expansion in the coming years as evidenced by growing activities in the industry as a result of an increase in investments.

Mr. Kumar further stressed growth in the construction industry will further create investor confident as more investors would be attracted to invest in the country adding that Zambia’s industrial climate was rated A+.

As signs of construction industry is indicating positive growth with expected high returns for investors, appeals to institute ideal standards are getting louder as constructors see this will benefit consumers and arose concerns for strict stipulations of goods that should enter the country.

United States US and other industrialized countries in European economies have strict stipulations on the standards of goods and products which should enter their countries, a development not rife in budding African economies.