Zambia reduces registration fees to attract more health investment


  • World
  • Thursday, 23 May 2024

LUSAKA, May 22 (Xinhua) -- The Zambian government on Wednesday announced a reduction in registration fees for investors seeking to set up facilities in the health sector in a bid to attract more private investment.

Minister of Health Sylvia Masebo said the fees charged by the Health Professions Council of Zambia for the approval and licensing of medical institutions have been a burden on investors and hindered more private investment in the sector.

"Some investors have expressed interest in putting up healthcare facilities in rural and remote areas, either through mobile health services or the actual construction of static health facilities. However, high fees for opening new health facilities can be an obstacle," she said during a press briefing.

The minister expressed optimism that the reduction in registration fees will attract more private investment in the healthcare sector, resulting in the introduction of new and advanced medical technologies for efficiency and better patient outcomes.

She said the government recognizes that the provision of quality healthcare services requires many players in the health sector, hence the need to provide a conducive environment to stimulate private sector investment.

According to her, reducing the fees has the potential to improve compliance with healthcare standards among health facilities and health professionals.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

UK polls point to 'electoral extinction' for Prime Minister Sunak's Conservatives
Brazilian women march against bill tightening abortion ban
Tunisian tourism grows by 5.3 pct year-on-year: expert
Roundup: Sudanese embrace Eid al-Adha with soaring livestock price due to war
Feature: Chinese firm leverages solar-powered tablets to boost vocational skills of Kenya's off-grid communities
Sri Lanka to lift restrictions on vehicle imports by 2025
High-speed sleeper train service between Beijing, Hong Kong begins
GAVI to rollout preventive Ebola vaccine for African healthcare workers
Roundup: Chinese artists perform in Cambodia, attracting thousands of spectators
Surge in rebel attacks sparks deadly protests in eastern Congo

Others Also Read