| Zambia’s
current base in the manufacturing sector comprises companies
in food processing and beverages, textiles, leisure and sporting
equipment. The main activities include the smelting and refining
of copper and other metals and metal products, petroleum refining,
the production of fertilisers, chemicals, explosives, cement,
tobacco products and textiles.
However,
the country offers viable opportunities in every subsector
of manufacturing, with a sufficiently developed infrastructure
that enables manufacturers to profit from their investment.
Generous incentives also exist and government fully supports
most non-traditional manufacturing enterprises.
Zambia’s
vast wealth of mineral resources presents an inviting and
rich array of opportunities for potential investors. With
efforts aimed at reducing dependence on raw copper, the opportunities
created by government have led to a rapid growth in the non-traditional
exports leading to a diversification of the economy. The target
markets for such exports include the Common Market for Eastern
and Southern Africa (COMESA), Europe, the Far East and Asia.
Vital
statutory bodies overseeing the manufacturing and export sectors
in the country include the Export Board of Zambia, the Competition
Commission, the Bureau of Standards and the Small Enterprises
Development Board.
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