Q FM Africa's Modern Radio
ZDA Director General Patrick Chisanga in white shirt
The Zambia Development Agency (ZDA) has recorded US$2.6 Billion worth of investment pledges and 11,500 pledged jobs from a total of 254 investment licenses it has issued to various investors across sectors during the period January to September 2016.
ZDA Director General Patrick Chisanga says the manufacturing sector is top on the chart with 43 licenses issued and 525 million United States Dollars pledged investment and 3,030 pledged jobs.
Dr. Chisanga says in the real estate sector the Agency issued 36 licenses worth a total of 293 million United States Dollars pledged investment, and 2,560 jobs.
He adds that the energy sector contributed 870 Million United States dollars worth of pledged investment and 600 pledged jobs.
Dr. Chisanga further adds that other sectors where the Agency issued licenses include agriculture, construction, education, health, information communication technology, mining, service, tourism and transport.
He says the Agency is resolute in building and enhancing the country’s investment profile for increased capital inflows, capital formation, and employment creation and promoting the growth of Micro, Small and Medium enterprise (MSME) sector by working with Government to create an investment climate that can propel long term sustainable domestic growth.
In a statement made available to QFM news, Dr. Chisanga says 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, which are creating new jobs, ensuring local business participation in regional and rural development and capacity building of Micro, Small and Medium enterprises among others.