Zambia’s Agriculture Minister Given Lubinda has urged Chinese investors to tap into the potential of agricultural sector in the southern African country, saying an array of incentives are waiting for them. In a recent interview with Xinhua, Lubinda said Zambia has abundant arable land which has remained unexploited due to constraint funds and out-dated production capacity, and the country was only using 15 percent of its 42 million hectares arable land…Full Article: ECNS.cn July 2015
- In addition to investing in the Zambian agricultural production, Zambia is also hoping Chinese investors promote its agricultural processing sector and fish farming (e.g. aquaculture).
- During the 2013 marketing season, China-African Cotton Zambia, purchased 11,000 tons of cotton from Eastern Province, Zambia.
- In April 2013, Zambia’s President visited China and stated after his return that announced that Chinese investors were interested in engaging in rice production in Western Province, Zambia. Chinese companies have also been interested in purchasing rosewood timber (destined for mainland furniture manufacturers) in Western Province, Zambia.
- In 1998, CAMCO Zambia Limited was established. CAMCO Zambia is a Chinese company that supplies (through mainland exports) agricultural and construction equipment to Zambia.