Zambia Strengthens Global Role with $300 Million DP World Investment

Zambia reaffirms its growing global influence and position as a regional transport hub with a proposed $300 million investment by DP World, a leading multinational logistics company. This initiative, structured as a Public-Private Partnership (PPP) with Zamcargo Limited, a subsidiary of the Industrial Development Corporation (IDC), aims to enhance trade infrastructure and economic opportunities.

Following a meeting at State House between President Hakainde Hichilema and DP World Executive Vice President Suhail Al Banna, an initial $50 million investment was announced. Al Banna reaffirmed DP World’s commitment to boosting local livelihoods through infrastructure development and logistics expertise.

President Hichilema emphasised Zambia’s strategic role in regional trade, stating that DP World’s expertise will strengthen the country’s access to international markets. As a land-linked nation, the investment will improve Zambia’s ability to export and import goods efficiently. He also underscored the significance of developing dry port facilities at Walvis Bay (Namibia) and Dar-es-Salaam (Tanzania) to enhance trade productivity. 

“This initiative aligns with our broader vision of transforming Zambia into a major transport and business hub in Southern Africa,” President Hichilema stated.

By leveraging its strategic location and natural resources, Zambia is driving economic growth and development, creating new infrastructure, jobs, and investment opportunities that will uplift local communities.