Tuesday, November 26, 2024

Zambia-China Cooperation Zone boosts local growth

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Zambia’s copper mining is now experiencing one of its worst periods. As the largest Chinese investor in Zambia, China Non-Ferrous Metal Mining Group has promised their continual investment. The company has also built the Zambia China Economic and Trade Cooperation Zone(ZCCZ), which is the first Chinese built multi-facility economic zone in Africa. So far the ZCCZ has attracted around 50 investors with the total investment of over 1.5 billion USD to boost the country’s economic development.

5 COMMENTS

  1. Attracted what kind of investors?, are they manufactures of shops? Where is this facilities? Are there any physical structures?? is this like and industrial Park or is this mythical zone like the 500,000 jobs lungu is to create?

  2. @ Patrick, your comment is very unfortunate. Its better to call your relatives on the copperbelt than expressing your ignorance here.

    • Seasoned engineer
      You are right, I am ignorant to the trade zone, maybe you can enlighten us with your wisdom which investors have come forward, what does this zone trade in??

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