The Zambia Development Agency (ZDA) recorded US$3.9 million of projected investment in 2018 in various sectors of the economy, according to the agency’s communications manager, Faith Musonda.
She said the agency had also facilitated export deals worth over US$109.5 million in the form of spot sales and business deals that had been clinched by the private sector at various export promotion platforms held over the course of the year.
ZDA acting director general, Cosam Ngoma, said of the total projected investment, the energy sector had recorded the highest value at US$1.5 billion (representing 39%), followed by the manufacturing sector US$708.4 million, and the mining sector with a projected US$241 million,
Ngoma said that the increased projected investment in the energy sector was a direct result of government’s promotion of increased investment in alternative sources of energy.
