Q FM Africa's Modern Radio
The Zambia Development Agency (ZDA) has in 2018 facilitated export deals worth over US$ 109.5 million in form of on spot sales and business deals.
The export deals were clinched by the private sector at various export promotion platforms.
ZDA Acting Director General Cosam Ngoma says the agency has this year also recorded US $3.9 billion of projected investment in various sectors of the economy.
Mr. Ngoma says of the projected investment, the energy sector recorded the highest valued at US$ 1.5 billion, representing 39 percent of the project investment.
He says the manufacturing sector was second with US$ 708.4 million, which represents 18 percent while the mining sector had US$ 241 Million, representing 6 percent of the total investment.
Mr. Ngoma states that US$ 21.7 Million was investment in the various Multi Facility Economic Zones and Industrial Parks around the Country.
He says the ZDA has however recorded projected employment decline of 19 percent in 2018 from the 24,660 in 2017 to 20,709 jobs this year.
Mr. Ngoma has also disclosed that the agency expects the Country’s total projected non-traditional exports in 2018 to be US$ 2 billion.
He says the top non-traditional exports markets for Zambia include, among others, China, the Democratic Republic of Congo, South Africa and Zimbabwe.
This is contained in a statement made available to Q-News by ZDA communications and public relations manager Faith Musonda.