By Samuel Mbewe
Lusaka, Zambia – December 16, 2024 – The Zambia Environmental Management Agency’s (ZEMA) Environmental Assessment Committee has approved 89 projects with a total investment cost of US$441 million. The projects span multiple sectors, reflecting significant economic growth and development across the country.
ZEMA Board Chairperson, Professor Lovejoy Malambo, announced that the energy sector received the highest investment approval, with a total of US$271 million allocated to energy-related projects. The mining sector followed closely, securing US$120 million in approved investments.
One of the key projects highlighted by Professor Malambo is an ambitious initiative by Unity Distributors Zambia Limited. The company has been given the green light to construct and operate the first-ever shopping mall in Chambishi, located in Kalulushi District on the Copperbelt.
The mall, which will be built on Sub A Plot No. 3068, will feature a main anchor store, multiple retail outlets, and office spaces. Once completed, the mall will provide the residents of Kalulushi with modern shopping facilities, ample storage space for goods, and various social amenities.
In addition to enhancing the shopping experience, the project is expected to boost local economic activity by creating jobs and stimulating further business opportunities in the region.
Professor Malambo emphasized the long-term benefits these projects will bring to the local communities, noting that they are essential for Zambia’s economic development, job creation, and improved living standards.
He also reiterated ZEMA’s commitment to ensuring that all approved projects adhere to environmental regulations and contribute to sustainable development across the nation.
The approval of these 89 projects marks a significant step toward fostering economic growth in Zambia, with key investments in energy, mining, retail, and other critical sectors.
