ZDA, ZPEC SIGN AGREEMENT
The Zambia Development Agency (ZDA) has signed an Investment Promotion and Protection Agreement (IPPA) with Zambia Petrochemical Energy Company Limited (ZPEC), a joint venture between the Industrial Development Corporation Limited (IDC) and China’s Fujian Xiang Xin Holding Company Limited. The joint venture is set to construct and operate a state-of-the-art oil refinery in Ndola District […]