ZDA Records USD 14.71 Billion in Actualised Investments Since 2021
Zambia Attracts USD 14.71 Billion in Actualised Investments Since 2021 – ZDA
The Zambia Development Agency (ZDA) has recorded USD 14.71 billion in actualised investments from 2021 to date, reflecting a significant conversion of pledged projects into tangible economic activity across key sectors of the economy.
Speaking during the ZDA End-of-Year Media Briefing, Director General Albert Halwampa disclosed that the figure is based on confirmed responses from 779 companies out of 2,065 firms holding ZDA investment licences. Collectively, these licensed companies had committed investments amounting to USD 89.31 billion.
Mr Halwampa reported that the manufacturing sector accounted for the largest share of actualised investments at USD 5.54 billion, followed by mining with USD 5.07 billion. Other sectors also recorded notable investment levels, including transport at USD 1.53 billion, services at USD 926.67 million, and agriculture at USD 614.72 million.
He further noted that the realised investments have generated 91,522 jobs, compared to the 614,486 jobs originally pledged by the responding companies. Manufacturing led job creation with 29,537 positions, while mining created 21,003 jobs. The agriculture sector contributed 14,232 jobs.
According to Mr Halwampa, the positive investment performance is underpinned by effective national leadership, consistent government policies, and a stable macroeconomic environment.
He commended President Hakainde Hichilema for actively positioning Zambia as an attractive investment destination, supported by reforms aimed at strengthening fiscal discipline, improving transparency, and enhancing overall economic stability.
The Director General emphasized that the USD 14.71 billion figure is not exhaustive, as it only reflects investments from companies that were able to confirm the actualisation of their projects.
He added that the Agency intends to strengthen its monitoring and evaluation mechanisms to ensure more comprehensive tracking and full accounting of the economic benefits arising from both fiscal and non-fiscal investment facilitation efforts.
