ZDA Signs US$122 Million Investment Agreement with Rongxing Investments

Author: lusakatimes.comPublished on: October 22, 2026Country: Zambia

Business & Economy

The Zambia Development Agency (ZDA) has signed a US$122 million Investment Promotion and Protection Agreement (IPPA) with Rongxing Investments Limited. The investment will support the expansion of the company’s copper processing operations in Kalulushi. ZDA Director General Albert Halwampa said the agreement reinforces Zambia’s position as an attractive destination for mining and industrial investment.

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