Chinese Premier’s Landmark Zambia Visit Signals Major Investment Push

Zambia is playing host this week to Chinese Premier Li Qiang, marking a high-level visit not seen in nearly three decades. The trip underscores China’s deepening commitment to invest in Zambia’s key economic sectors, including mining, energy, infrastructure, and industrialisation.

Beijing’s interest in Zambia comes at a strategic moment. The two countries recently elevated their relationship to a comprehensive strategic and cooperative partnership, and Chinese firms have already pumped billions into Zambia’s mining industry in large part to boost copper production. Premier Li’s visit is also expected to advance key infrastructure initiatives, particularly the revitalisation of the Tazara Railway, which links Zambia’s mining heartland to Tanzanian ports.

 

For Zambia, the benefits could be substantial: increased foreign direct investment, technology transfer, and more jobs. President Hakainde Hichilema has underscored that Chinese investment aligns with his government’s goal of spurring economic growth while diversifying the nation’s industrial base. As part of the visit, both countries are expected to sign new cooperation agreements to further cement ties in trade, mining, transport, and green energy.

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