The Industrial Development Corporation (IDC) Limited is a State-Owned Enterprise (SOE) charged with the mandate to spearhead the Zambian Government's commercial investments agenda aimed at strengthening Zambia's industrial base and job creation.

The IDC was incorporated in January 2014 and is wholly owned by the Government through the Minister of Finance pursuant to the Minister of Finance (Incorporation) Act Cap 349 of the Laws of Zambia.

The IDC was established to create and maximise long-term shareholder value as an active investor and shareholder of successful state-owned enterprises, as well as undertake industrialisation and rural development activities through the creation of new industries.

``Industrialisation is indispensable for countries to achieve sustainable economic growth that is socially-inclusive and environmentally sound. It is, therefore, an inevitable solution to bring about the much-needed structural economic transformation. Industrialisation-induced structural economic transformation will enable our countries to diversify their economies, raise productivity, create better jobs and increase their competitiveness in the global market.``

His Excellency President Edgar Chagwa Lungu’s address during a United Nations General Assembly high-level event on the operationalisation of the 2030 agenda for Africa’s industrialisation.

Vision Statement

To become Africa’s best performing sovereign holding corporation and strategic investment partner.

Mission Statement

To spearhead industrialisation and the value addition for the creation of wealth, jobs and sustainable social economic growth.

Goal Statement

To enhance performance of enterprises, foster value-addition and support economic growth  through transformation of subsidiaries and investment on key economic sectors.

Value Statement

Our values reflect our purpose, our priorities and the beliefs by which we conduct ourselves. They define what it means to work at IDC, regardless of location or role.

  • Professionalism

    We will uphold the highest standards of professionalism in the conduct of our business and expect the same of those we do business with.

  • Transparency

    We shall be open and accountable for our investments and business undertakings.

  • Integrity

    We shall strive to adhere to the highest moral and ethical principles.

  • Distinction

    We shall be committed to the high standards and excellence.

  • Partnerships

    We shall foster an environment that foster creativity and continuous improvement.

  • Team Work

    We shall value and respect each others contributions in the combined effort to achieve success.