Economy

Zambia partners with UNIDO to launch Investment Monitoring Report to boost foreign direct investment

0

Government, in partnership with the United Nations Industrial Development Organization (UNIDO), has launched the Investment Monitoring and Support Services (IMSS) report, aimed at strengthening the country’s investment ecosystem through data-driven insights, strategic foresight, and stakeholder engagement.

Titled “Zambia’s Business Climate at a Glance,” the report draws on a pilot survey of foreign direct investment (FDI) enterprises conducted under the ACP Business Friendly Programmes, funded by the European Union (EU) and the Organization of African, Caribbean, and Pacific States.

Speaking at the launch on Tuesday at Southern Sun hotel, Zambia Development Agency (ZDA) Director General, Albert Halwampa described the report as more than a publication, calling it a strategic tool for understanding Zambia’s FDI landscape, investor aspirations, and the challenges they face.

“It is a mirror reflecting both our progress and areas that need improvement to create a conducive investment climate,” Halwampa said.

Read more: Zambia Development Agency targets US$2 billion in deals at upcoming investment conference

The survey, which received 100 responses from foreign-owned enterprises, provides a snapshot of Zambia’s investment environment.

Key findings include that 85 percent of surveyed companies plan to expand operations in Zambia within the next three years, with manufacturing and agriculture remaining central to the investment portfolio despite structural challenges.

Halwampa said the insights can guide reforms and aftercare services to facilitate this growth.

At the same event, EU Private Sector Delegation Team Leader to Zambia and COMESA, Lana Zutelija, noted the report’s timely release following last week’s EU-Zambia Lobito Corridor Business Forum, which showcased European interest in investment opportunities along the corridor.

“The report complements discussions from the forum on energy, critical raw materials, agriculture, regulatory frameworks, investment modalities, and access to finance,” Zutelija said.

Ministry of Commerce, Trade and Industry Director of Industry, Sichuzuwe Musokotwane, emphasized that the IMSS system provides a structured, data-driven approach to tracking investment performance, identifying bottlenecks, and offering timely support to investors.

“This tool enhances transparency, accountability, and the ease of doing business, ensuring that investments translate into job creation, industrial growth, and increased exports,” Musokotwane said.

He added that EU support under the ACP Business Friendly programme and UNIDO’s continued partnership reflects a shared vision for Zambia’s industrial transformation.

WARNING! All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR.

Zambia records world’s highest rate of suspected digital fraud at account creation stage —Report

Previous article

Socialist Party demands urgent funding for University of Zambia desks, blames govt neglect

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

18 − 16 =

More in Economy