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The Lusaka South Multi-Facility Economic Zone (LS-MFEZ) has approved new investments worth US$100 million in the first six months of 2026, with the projects expected to generate over 1,000 direct jobs and further accelerate Zambia’s industrialisation agenda.
The latest investments, spanning sectors such as oil marketing, bicycle assembly, fertiliser blending, packaging materials, home care products and manufacturing, underscore growing investor confidence in the economic zone and its role in driving value addition and economic diversification.
In addition to the approved projects, according to a statement issued on Tuesday, LS-MFEZ has received 24 Expressions of Interest from prospective investors with a combined potential value of US$199.8 million. If realised, the proposed investments could create an estimated 4,335 jobs.
Among the projects under consideration is an electric vehicle assembly plant, which is expected to strengthen Zambia’s participation in the automotive value chain and support the country’s ambitions to become a regional manufacturing hub.
The Zone also reported continued progress on existing developments, with 19 investors advancing through various stages of construction during the first half of the year.
Read more: Multi Facility Economic Zone reportedly records K3.5 million profit after tax in 2023
Several of the projects are nearing completion, while another 15 investors are awaiting land allocation before commencing development.
LS-MFEZ Acting Managing Director, Inonge Gondwe, said the growing pipeline of investments reflected increasing confidence in the Zone and Zambia’s economic prospects.
“The investments approved this year, the projects currently under construction and the strong pipeline of prospective investors all point to growing confidence in the Zone and Zambia’s economic prospects,” Gondwe said.
“Beyond the capital investments, these projects will create jobs, strengthen local supply chains and contribute meaningfully to the country’s industrialisation agenda.”
She said LS-MFEZ remained committed to attracting investments that expand productive capacity and position Zambia as a preferred destination for manufacturing and industrial development in the region.
Gondwe expressed optimism that the strong investor interest recorded so far would translate into additional projects in the months ahead.
She attributed the continued inflow of investment to the Zone’s favourable business environment, which offers serviced land, investment incentives, strategic transport links and easy access to both domestic and regional markets.
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