The Zambia Development Agency has recorded unprecedented investment promotion activities in the past three years which resulted in US$ 8.9 billion actualized investments out of committed investment of USD 54 billion for the period 2021 – 2024.
“The US$ 8.9 billion was recorded from 440 companies out of the 1048 companies registered between 2021 and 2024. Data from the 608 companies is still being awaited due to slow responses, once received the nal actualised amount will be communicated accordingly.
“The actualised US$ 8.9 billion was against a committed investment value of US$ 7.9 billion, from the 440 companies that responded representing 113% actualisation rate,” this was revealed in an official press statement posted on X.
Actualisation by Sector
Actualisation rate per sector was as follows:
• Mining recorded the highest with US$ 3.34 billion representing
34.91%,
• Manufacturing was the second highest with US$3.10 billion,
representing 34.85%
• Transport US$1.2 billion, representing 13.2%
• Services US$777 million, representing 8.7%
• Agriculture US$448 million, representing, 5.04%
• Tourism US$80.7 million, representing 0.91%
• Energy US$77.9 million, representing 0.88%
• Construction US$ 65.2 million, representing 0.73%
About ZDA
The Zambia Development Agency (ZDA) is Zambia’s premier economic development Agency with a multifaceted mandate of promoting and facilitating trade, investment and business development in the country.
