Zambia trade zone gets $800 million fundingStaff writer ▼ | April 2, 2015
Companies from the Chinese mainland have made a commitment to accelerate investment in Zambia under agreements valued at $800 million.
Cooperation Companies from the Chinese mainland
The companies will develop projects covering infrastructure, manufacturing, agriculture, tourism, logistics and alternative energy in Zambia.
Zambia Consolidated Copper Mines Ltd, the long-term partner of CNMC, signed agreements with CNMC Developing Investment Co Ltd, West China Cement Ltd and China XD Group Corp for three separate projects involving cement plants, oil refining and copper cables.
At present, China mainly invests in infrastructure construction and mining in Zambia. ■