Overview

Being a key player for the Regional Economic integration in the global scenario, Zambia still faces numerous challenges in developing an internationally competitive economy. This is the reason why the Government has chosen Infrastructure as one of the engines of Zambia’s competitiveness, increasing efforts to bridge the growing urbanization separation between the urban and rural areas, empowering the creation of wealth and the reduction of poverty.

Furthermore, in order to reach this stage, there is an increased development in the access to water supply and sanitation, targets established by the United Nations in the Millennium Development Goals (MDG). The empowerment of Infrastructure and Water Management will contribute to a quality social-economic development and creating, at the same time, opportunities for local, regional and international investors to participate through private or PPP initiatives, legitimizing Zambia’s sustainable growth.

WHY INVEST IN ZAMBIA?

Since the liberalisation of its trade regime in the early 90’s, Zambia has experienced a growth in its economic background, being a traditional exporter of copper and cobalt. The country’s GDP of 2013 showed an increase of 6.7 % even though it still has a lower-middle income level. In addition to this, Zambia shows:

  • Political stability since its independence (1964), being currently held by a Multiparty democracy that has created a stable/predictable legal environment
  • Double Taxation agreements
  • Climate for PPP initiatives
  • Abundance of natural resources
  • A broad spectrum of investment incentives established since the publication of the Investment Act of 1993 and offered as tax allowances, exemptions & concessions for companies