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Zambia's Investment

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Zambia's Investment ZAMBIA’S INVESTMENT PROJECTS ZAMBIA DEVELOPMENT AGENCY Promoting Zambia’s Economic Growth and Development Sponsored by Stanbic Bank ZAMBIA AT A GLANCE he peaceful and democratic country of Zambia has for many years enjoyed both social and political stability as well as a healthy macroeconomic environment, with Teconomic growth averaging 6 percent per annum since 2003. Backed by rich natural resources such as copper and cobalt, the minerals sector has for many years been at the forefront of Zambia’s expanding economy. Another prominent sector of the Zambian economy is agriculture, thanks to the country’s good soil and large tracts of fertile arable land. There is also an abundant hydropower resource to be found in the numerous lakes, dams and rivers. Efforts to further diversify the economy mean that increased attention is being given to the manufacturing sector for increased value addition to mineral and agro products and the tourism sector on the backdrop of abundant wildlife, numerous waterfalls and scenic beauty having great potential for further development. Strategically Located - Land Linked Kenya South Africa AGRICULTURE SECTOR ZAMBIA DEVELOPMENT AGENCY 3 AGRICULTURE SECTOR INVESTMENT OPPORTUNITIES No. Project Title Project Summary Estimated Contracting Project Investment Authority Requirements/ (US$) and/ or Financing Promoter Mode 1. Farm Block The Government of the Republic of Zambia To be Ministry of Private Sector Development identified Agriculture as the Engine to determined Agriculture funding/ Programme Economic development as well as the Main by the investment stay of the Economy. In 2002 GRZ embarked type of on development and commercialization agribusiness of agriculture land as the Farm Block Development Programme (FBDP). This programme entailed availing land for large scale agribusiness investment for the private sector. One Farm Block was targeted for development in each Province. The total catchment area for each Farm Block is 100, 000 hectares. Each Farm Block is designed to have four categories of farms, namely: Small Scale, Medium, Commercial and a Core venture. 2. Nansanga Development of 12,000 Ha of land as a US$230 Industrial Joint Venture Farm Block joint venture, with more than 350 small million development partner Core Venture and medium farms for out grower scheme Corporation development. (IDC) 3. Development The project involves the development of farm block To be Ministry of Open for of Chikubilo for commercial farming especially cotton production determined Agriculture Investment Farm Block in Lundazi, Eastern Province. A total of 54,200 ha of by the customary land had already being secured. feasibility study Access road and electricity available. Feasibility Study being undertaken 4. Livestock The project is for the establishment of livestock To be Zambian PPP Breeding breeding and artificial insemination centers across determined Government Centers the country. This will involve the breeding of by feasibility animals such as cattle, sheep and goats among study others. Access roads, electricity and airport are available in ideal areas of Chipata and Katete Districts of Eastern Province. The project is still at concept stage. TOURISM SECTOR ZAMBIA DEVELOPMENT AGENCY 5 TOURISM SECTOR OPPORTUNITIES No. Project Title Project Summary Estimated Contracting Project Investment Authority Requirements/ (US$) and/ or Financing Promoter Mode 1. Mulungushi International Redevelopment of the US$400 MICC Limited/ Equity and/ or conference center existing Mulungushi million Industrial debt Financing redevelopment International Centre (MICC) in Development Lusaka into an Ultra-modern Corporation International Conferencing (IDC) facility. Infrastructure or works required: refurbishing the existing infrastructure, developing a 5000 capacity Auditorium, Exhibition Centre, Business Park and Office Block, a five (5) star hotel and three (3) Star hotel, multi-Storey Car Park and nature park 2. Long Acres Lodge Redevelopment of the Long TBA PPP PPP Redevelopment Acres Lodge into ultra – modern • Preferably commercial facilities such as a DFBOT 5 – Star hotel, shopping mall, office park among others CONSTRUCTION SECTOR ZAMBIA DEVELOPMENT AGENCY 7 CONTRUCTION AND HOUSING SECTOR OPPORTUNITIES No. Project Title Project Summary Estimated Contracting Project Investment Authority Requirements/ (US$) and/ or Financing/ Promoter Engagement Mode 1. Redevelopment Redevelopment of the 60 To be ZITF PPP of the Zambia hectares of land into a world determined by • Preferably DFBOT International class conferencing and exhibition the feasibility trade Fair facility as well as the expansion, study Grounds and redevelopment and modernization Mukuba hotel of existing Mukuba hotel into a five star hotel facility. 2. Government Development of a multi storey To be Government PPP Office building for office accommodation determined by • Preferably DFBLT accommodation to house the Five (5) statutory the feasibility bodies under the Ministry of study commerce, Trade and industry on a Public-private partnership basis. Land in extent of XX is readily available. 3. Lusaka south Development of a 2,100 Hectare US$1 billion LS-MFEZ Equity Financing Multi Facility multi-facility economic zone in Limited • Master plan Economic Zone Lusaka. Government is seeking completed potential partners to provide financing, develop and manage • Road the proposed zone. The zone will infrastructure provide high class infrastructure development and target both export and on-going. domestically oriented business to Zambia. 4. Twin –Palm Development of a mixed use real US$120 million ZNBC Equity Partnership mixed-use estate complex comprising of real estate commercial and business hubs development with residential units and quality project tourism and leisure facilities on a 32ha land located about 9km from the Central Business District of Lusaka city. Highest and Best Use study has been done 5. UNZA Student Development of student To be UNZA PPP Hostels and hostels and staff housing at the determined by • Preferably DFBOT Staff Housing University of Zambia (UNZA) on the feasibility project the university along Great East study road. The University enrolls about 20,000 students against bed space accommodation 8,000 A feasibility study is currently being undertaken 6. Nakonde Construction of 45 houses in To be Ministry of PPP and/ or Housing project Nakonde District, Muchinga determined Works and Contract Financing Province by feasibility Supply study 7. Zimba Housing Construction of houses in Zimba To be Ministry of PPP and/ or Project District, Southern Province determined Works and Contract Financing by feasibility Supply study 8. Zambia Army Development of mixed use real To be Zambia Army PPP mixed-use estate complexes comprising of determined • Preferably DFBOT real estate commercial and business hubs by feasibility development with residential units and quality study project tourism and leisure facilities on large parcels of land that the Army owns across the country Feasibility study currently being undertaken ZAMBIA DEVELOPMENT AGENCY 9 9. ZNBS mixed- Development of mixed use real To be ZNBC PPP use real estate estate complexes comprising of determined • Preferably DFBOT development commercial and business hubs by feasibility project with residential units and quality study tourism and leisure facilities on parcels of land that the Zambia National Building Society (ZNBS) owns in Chilanga and Nyimba Districts Feasibility study currently being undertaken 10. Jubilee City Development of a mixed use real To be Zambian PPP estate on a 16 hectare extreme determined Government • Preferably DFBLT prime land, in Lusaka, currently by feasibility housing Government offices. study The project will involve the redevelopment of the existing offices into an up – market mixed use complex to comprise offices, hotels, shopping facilities, among others. 11. Government Development of a mixed use To be Zambian PPP Office Park complex on a 20 hectare prime determined Government • Preferably DFBLT land in Lusaka. The project will by feasibility involve the development of an study up market office park to house various Government Ministries and Departments, including those to be displaced by the Jubilee City project. 12. Kafue Steel The project is for the establishment To be Zambian Open for Industrial Park/ of an Industrial Park or Multi- determined Government Investment Facility Economic Zone for steel by feasibility production in Kafue District of study Lusaka Province 10 TRANSPORT SECTOR ZAMBIA DEVELOPMENT AGENCY 11 TRANSPORT PROJECTS No. Project Title Project Summary Estimated Contracting Investment (US$) Authority and/ or Promoter ROAD 1. Solwezi – Upgrading of the Solwezi – Kipushi road To be determined Ministry of PPP and/ Kipushi Road to bitumen standard in North-Western by feasibility Works and or Contract project Province including erection of toll study (Traffic Supply Financing gates. count study) 2. Mwinilunga Upgrading of the Mwinilunga – Jimbe To be determined Ministry of PPP and/ – Jimbe Road road to bitumen standard in North- by feasibility Works and or Contract project Western Province including including study (Traffic Supply Financing erection of toll gates. count study) 3. Katunda Upgrading of 270 Kilometres of To be determined Ministry of Contract – Lukulu – Katunda (M9 junction) – Lukulu – by feasibility Works and Financing Watopa Road Watopa (Lot 2) road to bitumen study (Traffic Supply Project standard in Western Province count study) 4. Kalabo – Upgrading
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