:: A SNAP SHOT : Investment Opportunities

Print

 

COMMENTS
Zambia is richly endowed with natural and agro-mineral resource base, which present significant investment potential and opportunities. Vast expanses of rich undeveloped land and natural habitant with free-flowing and easily accessible water provide extensive potential for tourism investment and agriculture production.  All this is complimented with a ready supply of quality labour force at competitive rates and a stable political environment.
 
Agriculture Sector

Enormous potential to become a major grower and exporter of agricultural and horticultural produce. An abundance of quality land, water and ideal climate all suited to an amazing range of agricultural products. Only 15% of Zambia’s 60 million hectares of arable land is under cultivation.
Manufacturing Sector

Opportunities for further diversification exist,  particularly in agro-processing, wood and leather products. Profitable avenues are also abounding in food processing and textile production and mineral products. To help realise this potential Government established a Duty Drawback Scheme (DDS) under which manufacturers producing export goods are entitled to claim a refund for duty paid on raw materials used in the production process. More recently, the Government enacted the Export Processing Zones Act.
Tourism Sector

  • Untapped tourism opportunities exist in all the 19 National Parks and 34 game management areas as well as the 23 million hectares devoted to the conservation of an amazing variety of animals. Major attractions include the Victoria Falls (one of the seven natural wonders of the world) and the Kariba Lake (one of the largest man-made lake).  Specific areas of investment in this sector include:

  • Game ranching;

  • Provision of accommodation (i.e. high quality five and four star hotels, Lodges and Camp sites near the popular tourist areas);

  • Transport service - Investment potential exists in air charters in form of helicopters and/or small planes to service game areas;

  • Adventure holiday packages;

  • Organised tours;

  • Out door sports facilities (golf courses and stadia); and

  • Zambia’s cultural heritage.
Mining Sector

  • Zambia’s mineral wealth remains substantial. Quite apart from the traditional mining activities in copper and cobalt the list of investment opportunities in this sector include:

  • Precious metal-gold; silver; selenium;

  • The platinoid group - iron, tin, nickel and manganese;

  • Agro-minerals-rock phosphate and igneous phosphate suitable for conversion to fertilizer, peat, limestone;

  • Reclaiming of copper from slug tailing dumps;

  • Gemstones-emerald, amethyst, aquamarine, tourmaline; and

  • Other deposits-talc, fluorpar, graphite, barytes and clays.

  • The 1995 Mines and Minerals Act provide exemption from import duty and VAT on all machinery and equipment, including specialised motor vehicles required for prospecting or mining activities.

Other sectors

Investment opportunities exist in other sectors including in the Energy sector the development of Itezhi-Tezhi Hydro Electric Project; Kafue Gorge Lower Hydro-Electric Project; Zambia-Tanzania Interconnector; and Zambia-Namibia Interconnector.