Chinese Investors Eye Zambia



MDI-led delegation secures US$3.5 billion investment interest across energy, EVs, agriculture and industrial development

By Francis Maingaila ♥️
Lusaka, Zambia24 --- (June 30, 2026) — The Muvombo Development Initiative (MDI) has wooed Chinese investment expected to inject approximately US$3.5 billion into Zambia’s economy following a high-level investment mission to China focused on energy, industrialisation, agriculture, and transport infrastructure


MDI Director Wìnter Muvombo said the delegation’s visit to China generated strong investor interest across multiple sectors, with Chinese companies expressing readiness to partner on large-scale development projects.

He said the engagements, which involved discussions with factories and investment groups, resulted in preliminary agreements covering at least eight major investment areas.

He stated that the delegation presented Zambia’s development opportunities in renewable energy, electric vehicles, and industrial expansion in a way that attracted significant attention from investors, leading to follow-up visits scheduled for Zambia. 

The visiting investors are expected to engage with local authorities and development agencies before undertaking further regional assessments.

Muvombo added that the proposed investments could generate more than 8,500 jobs within the year, particularly through early-stage implementation in energy and infrastructure projects.

He also highlighted the need for urgent expansion of electric vehicle charging infrastructure, noting that investor discussions strongly focused on supporting systems required for EV adoption.


Administrator Chongo Nicolas Mwewa said the mission aligned with Zambia’s development priorities and resulted in multiple Memoranda of Understanding across key sectors, including solar energy, electric mobility, charging infrastructure, and agriculture. He said the delegation facilitated investment commitments estimated at around US$3.5 billion, which are expected to progress into implementation following technical assessments in Zambia.

Among the investors, China’s confirmed plans to expand into Zambia’s energy sector, outlining phased renewable energy projects including a 50-megawatt initial development, a 225-megawatt expansion, and a long-term target of up to 1,000 megawatts. The company said its technologies integrate energy generation systems with charging infrastructure solutions.

Separately, Mr. Huang Chunxiao, chairman of the , said his organisation is working toward establishing a China–Zambia Industrial Park focused on agriculture, artificial intelligence, manufacturing, and housing development.

H1e said the organisation works with more than 30,000 enterprises globally and could facilitate their investment in Zambia. He projected that the proposed industrial park could attract up to US$50 billion in investment and create approximately 50,000 jobs.

MDI said the mission demonstrates Zambia’s growing ability to attract structured international investment, particularly when opportunities are clearly presented and aligned with investor priorities. Further investor delegations are expected in Zambia in the coming weeks for technical assessments and project validation as discussions advance toward implementation.

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