Park Investment Q & A


National Conditions of Zambia


Geographical location:

Within Southern AfricaLand countries, bordering Tanzania, Malawi and other 8 countries


Land area:
750000 square kilometers


Total population:
About 20 million (2023), of which about 45% of the urban population and more than 50% of the young and middle-aged labor force.

 

Market Potential:

It is located at the intersection of the Common Market of Southeast Africa and the Southern African Development Community, both of which have more than 0.28 billion people.

Beautiful scenery and pleasant climate:

Most of Zambia belongs to the plateau region, with an average altitude of 1200 meters. It belongs to the tropical plateau climate. The climate is cool and pleasant all year round, mainly divided into rainy season and dry season. The average annual rainfall is 1400mm in the north and 700mm in the south, with short rainfall time. The dry season is long and the light resources are good.

 

Resource-rich and strong:

(1) Mineral resources

Proved deposits include copper, manganese, cobalt, gold, iron, coal, nickel, precious stones, etc. The northern part of Zambia is located in the sedimentary copper-cobalt ore-forming belt with large resource reserves in the world-the Central African copper-cobalt ore belt. The copper reserves on this copper belt account for 25% of the world's total reserves. A "copper belt" 220 kilometers long and 65 kilometers wide has been formed in Zambia ". The cobalt ore reserves here are rich, accounting for about 18% of the world's reserves.

(2) Agriculture, animal husbandry and fishery resources

Zambia is rich in water resources, with 40% of the fresh water resources in central and southern Africa; Zambia has 43 million hectares of arable land, only about 15% of which is currently developed. The land is fertile and suitable for growing cotton, tobacco, corn, soybeans and oil crops; it is also suitable for livestock and poultry breeding, horticulture and fruit tree cultivation.

(3) Forest resources

Zambia is rich in forest resources, about 60% of the land is covered by forests, which is one of the countries with the largest forest coverage in Africa. There are fine timber such as balsa, teak and black wood for commercial exploitation and export.

(4) Tourism resources:

Zambia has the world-famous Victoria Falls, 19 national nature parks and 34 ecological management areas, covering an area of more than 65000 square kilometers. In 2015, Zambia received about 931800 international tourists, 76.2 per cent of which came from Africa and 23.8 per cent from Europe, the United States and Asia, accounting for 1.7 per cent of the total number of tourists received in Africa.

 

Simple and friendly to China:

Political stability and sound legal system: Although Zambia's economy is underdeveloped, it has a relatively mature democratic system, a relatively sound legal system, and political stability. Since its independence in 1964, there has been no war or riot, and the social security situation is generally good.

 

Political stability and sound legal system:

The people of Zambia are simple and warm-hearted, and the two countries have long been friendly.

 

Broad market, investment hot land:

Zambia is a member of the Common Market for Eastern and Southern African Development Community. The surrounding population is 0.28 billion. In February 2019, the President of Zambia signed the African Continental Free Trade Area Agreement, which entered into force on July 1, 2020. After the free trade area begins to operate, 97% of the commodity tariffs between African countries will be gradually eliminated.

 

high quality platform, jiangxi business card:

Zambia is located in the heart of Southeast Africa, bordered by eight countries. Road and rail networks provide access to major ports in southern Africa.

 

Government support, preferential policies:

In 2022, in the context of economic recovery in the international community, China-Zambia relations maintained a positive momentum of development, and the bilateral trade volume reached a record high (US $6.7 billion). Zambia became the African country that attracted the most direct investment from China (cumulative US $3.8 billion). The Chinese Economic and Commercial Office in Zambia has filed more than 700 Chinese-funded enterprises and employs more than 50000 local employees.

China's investment industry in Zambia is increasingly diversified. In addition to mining, agriculture, construction and other fields, finance, telecommunications, energy, tourism, processing and manufacturing industries are gradually becoming new investment hotspots.