ZDA Director General Patrick Chisanga
ZDA Director General Patrick Chisanga
The Zambia Development Agency (ZDA)has recorded 2.6 billion US dollars worth of investment pledges with 11,500 pledged jobs since January this year.

This is from the 254 investment licences it has issued to various investors across sectors between January and September 2016.

The manufacturing sector is top on the chart with 43 licences issued and 525 million United States Dollars pledged investment.

The pledge investments come with 3,030 pledged jobs.

In the real estate sector the Agency issued 36 licences worth 293 million United States Million Dollars pledged investment and 2,560 jobs.

On the other hand, the energy sector has contributed 870 Million United States worth of pledged investment and 600 pledged jobs.

Other sectors where the Agency issued licences include agriculture, construction, education, health, information communication technology, mining, service, tourism and transport.

This is according to a statement issued to ZNBC News by ZDA Director General Patrick Chisanga.

Mr Chisanga said the agency is resolute in building and enhancing the country’s investment profile for increased capital inflows, capital formation, and employment creation.

He said this is in line with the Agency’s blue print for the period 2016-2020, in which it has identified five high level goals that will contribute to Government’s targets of creating new jobs, ensuring local business participation in regional and rura

Other goals are economic diversification, increased non- traditional exports and attracting foreign and local investment into strategic infrastructure and competitive sectors.

Mr Chisanga said through the strategic plan, ZDA is working towards contributing to the creation of wealth and one million jobs by promoting and facilitating investment, trade and enterprise development for the benefit of Zambians by 2020.

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8 COMMENTS

  1. With due respect Mr Chisanga, what is the rate of conversion from pledges to real investment and real jobs?

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  2. A PLEDGE IS A PLEDGE MY MAN. IT IS EGGS, NOT CHICKS! YOU CAN NOT COUNT CHICKS BEFORE THEY HATCH. LUNGU’S PF GOVERNMENT IS THE WORST NON-SKILLED AND NON-DIRECTIONAL ZAMBIAN GOVERNMENT THAT THE COUNTRY HAS EVER HAD. IT IS CHAOS ALL THE WAY IN ZAMBIA. IT IS CORRUPTION AND LOOTING ALL THE WAY IN ZAMBIA. WE ARE ECONOMICALLY SUFFOCATING BECAUSE OF THE PERPETUAL CORRUPTION AND LOOTING AND PLUNDER. IT PAINS US.

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    • It is better to have eggs than none at all. At least you know some eggs will hatch whereas there can be no hatching where there are no eggs.

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  3. Even me I phoned this organisation and said I will be investing $1 million in an IT project and which I said will create 50 job. They took down every thing.

    This information is what is making up the numbers this chap is talking about.

    All lies.

    The truth is costs of production is too high in zambia. Also investor’s know lungu can just wake up a interprete the consitution against them.

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  4. Here we go with this folly of pledges…this is like a kid saying i have been promised ABCD for Xmas.
    What happened to last years pledges?

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  5. We have heard a lot of pledges in PF govt. but we haven’t seen them on the ground. Don’t be content with so called pledges especially that political detainees are full in zambian jails.

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