Zambia Development Agency

The Zambia Development Agency (ZDA), in collaboration with the Choma District Business Association, is currently conducting a training program for contractors on 'How to Bid for Government Tenders'. The primary goal of this training is to equip local contractors with the skills needed to prepare competitive and government-compliant bid documents. This initiative is vital as the government continues to encourage local contractors to bid for tenders and deliver quality work at fair prices, thereby contributing to the growth of the national economy. Approximately 35 local contractors from Choma, Kalomo and Mbabala districts are participating in this training. Local contractors interested in similar training sessions can organise and reach out to the Agency at info@zda.org.zm for potential training opportunities. Share your suggestions on other areas we should consider for training local contractors! #ZDA #InvestmentForProsperity #Training

Exclusive Investment Incentives Energy Investors ·      0% VAT on energy-related appliances ·      0% duty on imported machinery and plant equipment ·      Reduced tax rates on dividends for registered electricity generation companies. Talk to us for available profiled energy projects #ZDA #InvestmentForProsperity #PrioritySector #EnergySector #InvestInZambia

Investment Services Offered o Assistance and guidance with registration of a company; o Issuance of ZDA Certificate of Registration (investor’s licence); o Provision of information regarding various aspects of business establishment of doing business in Zambia, including access to land, energy and utilities, special economic zones, priority sectors, applicable taxes, government priority sectors, access to markets, and farm blocks; o Facilitation of partnerships such as joint ventures, PPPs, including B2B, B2G and G2G linkages; o Exports and market access facilitation; and o Project profiling among others. o Contact the Agency to via info@zda.org.zm, call +260 211 220177 or chat with us live on our website www.zda.org.zm for assistance. #ZDA #InvestmentForProsperity

Reasons to invest in Zambia 1. Zambia is recognized for its political stability and peaceful environment since independence. 2. It has over 20 Double Taxation Agreements, reducing tax burdens and attracting Foreign Direct Investment (FDI). 3. Strategically land-linked to eight neighbouring countries and Burundi, offering extensive trade opportunities. 4. The country benefits from a youthful, skilled workforce, bolstered by government investment in health and education. 5. Policy reforms aim to restore macroeconomic stability, encouraging diverse sector growth. 6. Zambia prioritizes environmental sustainability, supported by its abundant natural resources. 7. The Zambia Development Agency (ZDA) aids investors with tailored solutions. 8. The nation’s progressive financial sector, safe business environment, and attractive fiscal incentives further enhance its appeal as an investment destination. So, what are you still waiting for, come, let us help you invest! #ZDA #InvestmentForProsperity

Zambia Trade Mission to the Democratic Republic of Congo (DRC) 2024 Follow the link in the comment section to register. For more information, get in touch with us on the contacts provided on the poster. https://lnkd.in/dJdkWdM6

The ZDA through the Ministry of Commerce, Trade, and Industry and in collaboration with the Food and Agriculture Organization is organizing the Hand In Hand Initiative National Agricultural Investment Forum under the theme “Advancing Wealth Creation in Agriculture through Enhanced Maize, Soy, Honey and Aquaculture Supply Chains”. The Forum will be held at the Mulungushi International Conference Centre, Kenneth Kaunda Wing on 10 September 2024. We invite you to join us! For registration, click the link below: https://lnkd.in/dqscYTuc

Zambia at a Glance Zambia, located in Southern Africa, is a rapidly growing economy with over 20 million people. Renowned for its friendly populace and peaceful political transitions since gaining independence in 1964, the country is rich in natural resources, including vast arable land, renewable energy potential, diverse wildlife, and the iconic Victoria Falls. Zambia's stable macroeconomic environment is reflected in its top rankings for ease of credit access and strong currency. Since 2021, investor confidence in the country has surged. Positioned as a strategic trade hub, Zambia offers access to a regional market of over 924 million people through its membership in SADC, COMESA, and the African Continental Free Trade Area. This makes Zambia a prime investment destination. #ZDA #InvestmentforProsperity

How to Access the Export Development Fund Lusaka – 2nd September, 2024 – A total of US$29 million has been secured by the Zambia Export Development Fund, an export financing entity which is managed by the Zambia Development Agency. The Fund is intended to support non – traditional Zambian companies as well as Small and Medium Enterprises to grow their export base in Zambia. Recently, US$25 million was secured from development finance funders, other funders and investors which increased the fund base to US$29 million. The Fund is intended to provide affordable finance for Small and Medium Enterprises (SMEs), firms, women and youth. In order to access the Export Development Fund (EDF), applicants should be incorporated or registered business; viable transaction with established counterparty and verifiable off-takers; supports women and youth empowerment; evidence of profitability, jobs and foreign exchange earnings.

ZDA Applauds the Reopening of Mulungushi Textiles  The Zambia Development Agency (ZDA) has applauded the reopening of the Mulungushi Textiles in Kabwe district which has been abandoned for over 30 years.   ZDA Director General Albert Halwampa said the Agency is proud to have been part of the process in revitalising Mulungushi Textiles. Mr. Halwampa said ZDA issued Mulungushi Textiles an investment licence in line with the provisions of the Investment, Trade and Business Development (ITBD) Act No. 18 of 2022.  “We issued Mulungushi Textiles an investment license and because of the licence, they were able to start the process of shipping this equipment without paying customs duties as provided for in the ITBD Act No. 18 of 2022,” he explained. “We appreciate the government for the stable macroeconomic fundamentals and also having restructured the debt which has led to investors start trooping into the country like never before. And we give credence to the Minister of Commerce, Trade and Industry Chipoka Mulenga for having provided leadership with his ZDA team, Ministry of Finance and Zambia Revenue Authority team that worked together to ensure that these 400 containers of machinery started docking and coming into Zambia,” he said. Mr. Halwampa noted that Mulungushi textiles is going to create over 500 jobs and in an excess of $250 million of investment. He added that farmers in central province and the country at large growing cotton will provide raw materials for the value chain to be produced in the factory. He clarified that new machinery will not take away people’s jobs adding that there will be more employment, because the factory is looking at not just producing for Zambia, but also producing for the surrounding markets. Mr. Halwampa said ZDA will make sure that Mulungushi Textiles will be able to export to all these neighbouring countries plus to the rest of the world, like America, even China itself, Asia, India and others. “ZDA will be with Mulungushi Textiles all the way through as a government agency, on the investment side and also on the trade side,” he stated. The Director General reiterated that the Agency announces committed investments based on statistics and not hearsay. “We recently announced the interim actualized US$8.9 billion between 2021 and 2024 from 440 companies that responded out of the 1048 registered investments. We are still waiting for more data from 600 companies.   Recently, the Minister of Commerce, Trade and Industry unveiled the first batch of machinery for the Mulungushi Textile.

US$8.9 Billion Interim Actualised Investments for 440 Companies out of the Registered 1048 Follow the link below for more information https://lnkd.in/d39KuQTp