Zambia’s second Investment Policy Review by the Organisation for Economic Co-operation and Development (OECD) has reached its final stage, with the completed report expected to be officially launched in Paris this December.

The milestone follows the conclusion of nationwide stakeholder consultations, whose recommendations will be incorporated into the final document. The review, launched in May 2025 as a follow-up to the 2012 assessment, evaluates Zambia’s progress in improving its investment climate, with a focus on investment incentives, manufacturing, value addition and broader economic reforms.

Speaking on the sidelines of the OECD Global Forum on Responsible Business Conduct in Paris, OECD Deputy Head of the Sustainable Investment Unit, Alexandre de Crombrugghe, confirmed that the revised report will be presented to the OECD Investment Committee, where Zambia will outline its investment reform agenda.

The OECD says the December launch will give Zambia an opportunity to showcase its investment potential to the international community while reinforcing confidence in the country’s reform programme.

Zambia Development Agency Director General Albert Halwampa welcomed the progress, describing the review as a key step towards modernising Zambia’s investment framework and aligning it with global best practices.

He expressed confidence that the recommendations will help improve the business environment, attract more investment and support job creation.

Once adopted, the Investment Policy Review is expected to enhance policy transparency, strengthen investor confidence and provide a roadmap for sustainable economic growth.