The government is planning to attract at least $5 billion in new investment in 2026, aimed at improving critical sectors such as energy, mining, and pharmaceuticals.
Speaking in an interview with Lusaka Star, ahead of the Invest Zambia International Conference (IZIC) set to take place from July 15th to 17th, 2026, Governance Expert Dr. Noel Chisebe said the targeted investment will significantly transform the country’s economic landscape.
“Government is offering policies such as customs duty relief on solar equipment, competitive tax frameworks, and investor-friendly regulations to stimulate growth in these sectors,” Dr. Chisebe said.
Dr. Chisebe explained that priority is being placed on renewable energy projects, including solar, wind, and biomass, with incentives designed to strengthen transmission and distribution infrastructure.
Meanwhile, another Governance and Human Rights Advocate Mr. Wesley Miyanda said the investment drive is expected to enhance infrastructure development and economic diversification.
Mr. Miyanda noted that the initiative, spearheaded by the United Party for National Development (UPND), will improve energy systems, upgrade transportation networks, and expand opportunities in the mining and pharmaceutical industries.
“Government plans to utilize this investment in infrastructure development by improving energy systems, transportation networks, economic diversification, and job creation,” Mr. Miyanda said.
Mr. Miyanda further highlighted that the investment will have a positive impact on women, youths, and persons with disabilities, as it promotes inclusive economic participation and access to opportunities.
By Nasilele Sipatela