Overview

Chinese Government grants $2.4 million USD to establish the Zambia Investment Center

Commitments (Constant USD, 2023)$5,689,079

Commitment Year•2000Country of Activity•ZambiaDirect Recipient Country of Incorporation•ZambiaSector•Business And Other ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Sep 13, 2000

End (actual): Jun 25, 2001

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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This project involved a grant to build the Zambia Investment Agency in Lusaka. For more detailed locational information, see: https://www.openstreetmap.org/way/1061797085.

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Zambia

Implementing agencies

Government Agencies

Zambia Investment Centre (ZIC)

Loan desecription

Chinese Government grants $2.4 million USD to establish the Zambia Investment Center

Narrative

Full Description

Project narrative

On September 13, 2000, it was reported that, the Chinese Government committed to establishing the Zambia Investment Center (or Chinese Center for Investment Promotion and Trade) in Lusaka. The grant-funded facility cost $2.4 million USD to construct and its purpose was to screen investors from China. The facility was opened on 25 June 2001.