ZDA Reports Record Investment Inflow for 2023, with US$ 6 billion in the Mining Sector 1Mining in Zambia Economy 

ZDA Reports Record Investment Inflow for 2023, with US$ 6 billion in the Mining Sector

The Zambia Development Agency (ZDA) announced a momentous achievement with nearly $40 billion in committed investments from 379 projects this year, marking a remarkable surge compared to the previous year’s commitments.

BEIMBA MALITI, Chairperson of the ZDA Board, disclosed that this significant figure signified an exceptional growth of over 300% from the prior year’s commitment of $8.61 billion from 359 projects.

The breakdown revealed the manufacturing sector as the frontrunner, boasting investments worth $19.72 billion, closely trailed by the energy sector with $8.9 billion and mining at $6 billion.

Professor MALITI unveiled these remarkable statistics during a comprehensive media briefing by the ZDA, outlining their performance throughout the year and their anticipations for the upcoming year.

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