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Kitwe-District-Investment-Profile.Pdf KITWE DISTRICT INVESTMENT PROFILE 2019 FOREWORD i TABLE OF CONTENTS 1.0 INVESTMENT OVERVIEW .............................................................................. 1 1.1 Why Should You Invest In Kitwe ......................................................................... 1 1.2 Where Should You Invest ...................................................................................... 1 2.0 INTRODUCTION ................................................................................................. 2 2.1 Population ................................................................................................................. 3 2.2 Languages ................................................................................................................. 3 2.3 Currency .................................................................................................................... 3 2.4 Current Employers .................................................................................................. 3 2.5 Public Safety ............................................................................................................. 3 3.0 AGRICULTURE ...................................................................................................... 4 3.1 Livestock ................................................................................................................... 6 3.2 Bee Keeping ............................................................................................................. 6 3.3 Fisheries .................................................................................................................... 6 3.4 Agriculture Investment Opportunities .................................................................. 7 4.0 UTILITIES ................................................................................................................ 8 4.1 Energy ....................................................................................................................... 8 4.2 Water and Sanitation ............................................................................................... 8 4.3 Waste Management ................................................................................................. 8 4.4 Utilities Investment Opportunities ........................................................................ 8 5.0 MANUFACTURING ............................................................................................. 9 5.1 Manufacturing Investment Opportunities ............................................................ 9 6.0 INFRASTRUCTURE ........................................................................................... 10 6.1 Road......................................................................................................................... 10 6.2 Rail ........................................................................................................................... 10 6.3 Air ............................................................................................................................ 10 6.4 Informal Settlements ............................................................................................. 10 6.5 Infrastructure Investment Opportunities ........................................................... 10 7.0 TOURISM ................................................................................................................. 11 ii 7.1 Community Amenities .......................................................................................... 11 7.2 Hotels and Lodges in Kitwe ................................................................................. 11 7.3 Tourism Investment Opportunities .................................................................... 12 8.0 INFORMATION, COMMUNICATION AND TECHNOLOGY ......... 13 8.1 Telecommunications Companies in Kitwe ......................................................... 13 8.2 Radio and Television Broadcasters in Kitwe ...................................................... 13 8.3 ITC Investment Opportunities ............................................................................ 13 9.0 CONSTRUCTION AND REAL ESTATE .................................................... 14 9.1 Construction & Real Estate Investment Opportunities .................................. 14 10.0 RETAIL .................................................................................................................. 15 10.1 Malls in Kitwe ...................................................................................................... 15 10.2 Markets in Kitwe.................................................................................................. 15 10.3 Retail Investment Opportunities ....................................................................... 15 11.0 MINING ................................................................................................................. 16 11.1 The Nkana Cobalt Plant ..................................................................................... 16 11.2 The Nkana Concentrator .................................................................................... 16 11.3 List of Mining Companies in Kitwe .................................................................. 16 11.4 Mining Investment Opportunities ..................................................................... 16 12.0 EDUCATION ....................................................................................................... 17 12.1 Number of Schools in Kitwe ............................................................................. 17 12.2 Education Investment Opportunities ............................................................... 17 13.0 HEALTH ............................................................................................................... 18 13.1 Health Facilities in Kitwe.................................................................................... 18 13.2 Dentist Surgeries in Kitwe .................................................................................. 18 13.3 Health Investment Opportunities ..................................................................... 18 14.0 FINANCIAL SERVICES................................................................................... 19 14.1 Local and International Banks in Kitwe ........................................................... 19 14.1 Financial Services Investment Opportunities .................................................. 19 15.0 INVESTMENT POLICY AND LEGISLATION ...................................... 20 15.1 The Agricultural Policy ....................................................................................... 20 iii 15.2 The Second Cultural Agricultural Policy .......................................................... 20 15.3 Guiding Principals ............................................................................................... 21 15.4 Objectives of the Second National Agriculture Policy ................................... 21 15.5 The Over-riding Objective of the Second National Agriculture Policy ....... 21 16.0 PUBLIC PRIVATE PARTNERSHIP ........................................................... 22 17.0 BUSINESS ASSISTANCE PROGRAMME ................................................. 23 iv LIST OF TABLES Table 1.0 Landmass, Agriculture, Produce and Markets……………………….. 4 Table 1.1 Population – Total Population vs Farmer Population……………..… 5 LIST OF MAPS Figure 1.0 Location Map of Kitwe District……………………………..…… 2 Figure 1.1 Land Use Cover Map of Kitwe ……………………………..…… 5 v ABBREVIATIONS vi 1.0 INVESTMENT OVERVIEW 1.1 Why Should You Invest In Kitwe? Sustained High Growth Trade and Agriculture has kept the economy in Kitwe afloat even when the mines underperform Local administrators have also exhibited sound macroeconomic management and robust fiscal discipline. Robust Governance Kitwe is politically stable with well-functioning institutions, rule of law and is working towards zero tolerance for corruption. Strong Natural Resource Base Rich endowment of rainfall, soils, and favorable temperature range; most crops are grown organically. Kitwe also has unexploited mineral deposits, and tourism opportunities. Access to Markets Kitwe is a hub for a rapidly growing integrating Zambia: It is centrally located and apart from the available market of 500000 people in the district, Kitwe is also open and accessible to over 3,000,000 people on the Copperbelt Province and through to Congo DR. Trainable Labour Kitwe accounts for 24% of the population on the Copperbelt. It has plenty of quality labour. Untapped Investment Opportunities Potential opportunities for investment abound, particularly in the Infrastructure, Agriculture, Energy, Information and Communication Technology, Tourism and Manufacturing sectors. 1.2 Where Should You Invest? This profile identifies investment opportunities available to local and foreign investors in Kitwe District. Kitwe District highlights the potential to invest in the agriculture sector as the district is endowed with vast stretches of land suitable for massive agriculture (an attribute that can make the district a hub of agro-products in Zambia, and because of its great location, in Central Southern Africa). This profile highlights investment opportunities in the following sectors; agriculture, utilities, manufacturing, tourism, information communication and technology, construction and real estate, retail,
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