The Zambia-China Economic and Trade Cooperation Zone (ZCCZ)

Objective

The zone has attracted significant investment, with companies committing over $2.7 billion, generating $29.5 billion in revenue, paying $1.387 billion in taxes, and creating nearly 10,000 local job

Description

It is the first overseas economic and trade cooperation zone established by a Chinese company in Africa and Zambia's first multifunctional economic zone. It consists of two main parks: Chambishi Park: Located in the Copperbelt Province, focusing on the copper and cobalt value chain (mining, processing, recycling, machinery, and services). Lusaka East Park: Situated in the northeast of Lusaka near the airport, aiming for diversification beyond resource-intensive industries and urban employment creation.

Finance