The Zambia Development Agency (ZDA)

Located on Privatization House, Nasser Road

P.O. Box 30819

Lusaka, Zambia

Tel: +260 211 220177

Background

The Zambia Development Agency (ZDA) was established in 2006 by an Act of Parliament and became operational in January 2007 after the amalgamation of five statutory bodies that hitherto operated independently to foster economic growth and development by promoting trade and investment through an efficient, effective and coordinated private sector led economic development strategy. These institutions were the Zambia Investment Centre (ZIC), Zambia Privatization Agency (ZPA), Export Board of Zambia (EBZ), Small Enterprise Development Board (SEDB) and Zambia Export Processing Zones Authority (ZEPZA).

Mission Statement

To effectively and efficiently promote and facilitate investment, trade and competitiveness of businesses in Zambia

Functions of ZDA

  • Give advice to the Minister on matters relating to industry, industry development and productivity, investments, exports of goods and services, operations of multi-facility economic zones and matters relating to micro and small-scale business enterprises
  • On the request of government, study market access offers received from trading partners under COMESA, WTO or SADC and advise the government on opportunities and challenges generated
  • Make detailed impact analysis on select sectors of the economy such as textiles, agriculture, mining, tourism, education, skills training, communication, transport, infrastructures development, automobiles, information technology, chemicals and steel engineering goods, through a multi-disciplinary team;
  • Establish a database of facilities, human resource and their skills, sources of finance, technology, raw materials, machinery, equipment and supplies with the view to promoting accessibility of these industry
  • Develop entrepreneurship skills and the business culture in the citizens of Zambia
  • Promote and facilitate the development of micro and small business enterprises
  • Formulate investment promotion strategies
  • Promote and coordinate government policies on, and facilitate, investment in Zambia
  • Assist in the security from any state institution any permission, exemption, authorization, license, bonded status, land and any other thing required for the purposes of establishment of operating a business enterprise
  • Undertake economic and sector studies and market surveys so as to identify investment opportunities
  • Plan manage, implement and control the privatization of state owned enterprises
  • Oversee all aspects of the implementation of the privatization programme
  • Monitor progress of the privatization programme in Zambia
  • Monitor post privatization activities to ensure compliance with any agreement entered into for the privatization of any state owned enterprises
  • Develop-multi facility economic zones or facilitate the development of multi-facility economic zones by any investors
  • Administer control and regulate multi-facility economic zones and ensure compliance with this act and any other laws relevant to the activities of multi-facility economic zones
  • Monitor and evaluate the activities, performance and development of enterprises operating in multi-facility economic zones and prescribe and enforce measures, for the business or activity carried out within a multi-facility economic zone so as to promote the safety and efficiency of its operations
  • Promote and market multi-facility economic zones among investors;
  • Facilitate adjustment to structural changes in the economic hardships arising from those changes
  • Protect the interests of industries, employees, consumers and the community that are likely to be affected by the measures proposed by the agency
  • Increase employment in Zambia
  • Promote regional development, cooperation and integrity
  • Monitor the progress made by Zambia’s trading partners in reducing both tariff and non barriers
  • Ensure that industry develops in a way that is ecologically sustainable;
  • Ensure that Zambia meets its international obligations and commitments, including those under the WTO, COMESA and SADC
  • Maintain regular, productive and effective dialogue and cooperation with the public and private sector and encourage public-public dialogue, private-private and private to public dialogue.
Last modified on Thursday, 24 October 2013 14:09

About The Author

John Muhaise-Bikalemesa (JMB), is the founder of Muhaise.com blog and bigdrumassociates.com company. Learn more about him here and connect with him on his social medias below

Related posts