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IDC to upgrade Zambia Railways Limited with $1bn investment
IDC’s vision to have a modernised Zambia Railways Limited (ZRL) with maximised profitability will be realised once...
Medical Stores Limited to Separate from IDC
Medical Stores Limited is set to separate from the Industrial Development Corporation (IDC) and will be transformed...
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The IDC’s strategic focus is threefold. Firstly, the IDC will reposition the existing portfolio through recapitalisation, changing of business models, optimising asset utilisation and divestiture. Secondly, it will seek to invest in companies and industries that can leverage Zambia’s natural resources and other endowments to develop a strong home base. Thirdly, the IDC will position itself as a partner of choice for joint ventures and facilitator of citizen involvement in industrialisation through the support of local high impact growth enterprises.