Agriculture remains a key driver of economic growth and poverty reduction. Government’s strategic focus in the agriculture sector is to achieve food security, promote crop diversification, as well as increase productivity and value addition.
Aquaculture (Fish Farming)
The Government of the Republic of Zambia through the Ministry of Agriculture and Livestock has set aside large portions of farm land and Water areas for promotion of fish farming as pond and Cage/pens respectively for commercial Aquaculture targeting foreign and local investors.
With its vast water resources and coal reserves, Zambia offers abundant investment opportunities for hydroelectric power generation, supply and distribution. The country has well over 6,000 MW of hydroelectric generating potential, and only 2,393MW has been developed.
The vast potential in the tourism sector in Zambia, with its natural beauty (including the Victoria Falls, which is one of the most renowned beautiful transcendental Seven Natural Wonders of the World) and the wealth of wildlife have yet to be fully exploited.
The government has been forceful in introducing policies to stimulate economic growth and specifically in the manufacturing sector. The main emphasis has been on food processing and textile production. The growth potential in other industries is vast.
Road Projects & Railway Transport
Zambia has an abundance of known mineral deposits. The country is the world’s fourth largest producer of copper and holds six percent of the world’s known reserves thereof. Copper and cobalt, as the country’s traditional exports account for well over 70 percent of export earnings. Opportunities for the exploitation of other minerals have been identified.
Revitalisation of the educational system is being accorded high priority especially in primary education. The Education Sector Investment Programme (ESIP) stresses the rehabilitation of educational facilities and improvement of the quality of education. With the rapidly expanding population, there is currently a big demand for universities. The country has relatively a good number of technical colleges, but room still exists for investment opportunities for provision of university level and other tertiary education.