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IDC HOSTS DELEGATION OF CHINESE INVESTORS

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Industrial Development Corporation (IDC) Chief Executive Officer, Mr Cornwel Muleya, today hosted a delegation from the Huada Group, which is in Zambia exploring potential investment opportunities.

The Group is exploring opportunities to invest in the textile industry, alongside plans to establish a multi-million dollar, diversified industrial park that would create significant economic value for the country.

Speaking during the meeting, Huada Group General Manager Hailong Han expressed strong interest in investing in Zambia, commending the country’s investment climate and its responsiveness to foreign direct investment.

In response, Mr Muleya welcomed the Group’s interest, noting that IDC remains committed to partnering with companies whose investments translate into tangible wealth creation and employment opportunities for Zambians. He emphasised that such partnerships are central to IDC’s mandate of driving inclusive industrial growth and positioning Zambia as an attractive destination for global investors.