Zambia, China Sign MoU to Boost Trade and Investment
The Zambia Development Agency (ZDA) has signed a landmark Memorandum of Understanding (MoU) with the China–Shanghai Cooperation Organisation (SCO) Economic and Trade Exchange Centre, Guangdong–Hong Kong–Macao Development Committee, aimed at deepening bilateral cooperation in trade, investment and cultural exchange.
The agreement is expected to unlock opportunities across key sectors, including energy, agriculture, minerals, manufacturing, and infrastructure. It also provides for enhanced platforms for business exchanges, trade exhibitions, and joint missions, while facilitating Chinese enterprises looking to invest in Zambia.
In addition, the MoU paves the way for strengthened collaboration in education, technology, tourism and culture, including the launch of a “Zambia High-Quality Products Exhibition” to showcase the country’s goods and services to Chinese markets.
Speaking at the signing ceremony, ZDA Director General Albert Halwampa reaffirmed Zambia’s strong investment-friendly policies and strategic location, positioning the country as a natural hub for trade and investment in Africa.
“Zambia’s strategic location offers unmatched opportunities to produce and export to regional and continental markets under frameworks such as the AfCFTA. I invite investors to take advantage of these opportunities and invest in Zambia. At ZDA, we will walk with you every step of the way, handholding you through the investment journey,” he said.
Mr Halwampa further acknowledged the leadership of President Hakainde Hichilema in promoting trade and investment, noting that Zambia’s consistent policies continue to inspire investor confidence.
Meanwhile, SCO Director Wang Ruicai assured Zambia of his organisation’s commitment to becoming a responsible corporate partner, pledging long-term investment and cooperation.
