Government has officially launched the construction of a US$1.1 billion crude oil refinery in Ndola, marking a step in Zambia’s efforts to strengthen energy security and industrial growth.
Speaking during the ground-breaking ceremony, Minister of Energy Makozo Chikote said the project is private sector-driven and is being developed by Fujian Xiang Xin Corporation through the Zambia Petrochemical Energy Company (ZPEC).
Mr Chikote said the development reflects investor confidence in the country’s business environment and aligns with policies under the New Dawn Administration led by President Hakainde Hichilema.
He stated that the refinery will have a processing capacity of three million metric tonnes per year, equivalent to approximately 60,000 barrels per day, and is expected to support sectors such as mining and other fuel-intensive industries.
The project is expected to create over 2,200 jobs during the construction phase, while more than 600 direct and over 2,000 indirect jobs are projected once operations commence.
Mr Chikote added that the integrated energy complex will include liquefied petroleum gas (LPG) bottling, bitumen production and lubricant blending to support value addition and industrial development.
He urged developers to prioritise skills transfer and training for Zambians and encouraged the use of local labour where possible.
Mr Chikote also called on residents of Ndola and the Copperbelt Province to support the project.
Commerce, Trade and Industry Minister Chipoka Mulenga, Copperbelt Province Minister Elisha Matambo and Ministry of Energy Permanent Secretary (Energy) Prof Ephraim Munshifwa were among senior government officials who attended the ceremony.
What crude will it be refining? Iranian, Saudi Arabian, Angolan, Nigerian, Ugandan
This is a crucial question.
What crude will it be refining? Iranian, Saudi Arabian, Angolan, Gabon, Nigerian, Ugandan
This is a crucial question.
Indeed a crucial question normally but remember this is election time and they need to showcase something