THE Zambia Development Agency (ZDA) has issued an investor license to China Zambia Petrochemical Corporation (CZPC) for the development of a US$1.1 billion crude oil refinery and integrated energy complex in Ndola. In a statement, Tuesday, Industrial Development Corporation Head of Corporate Communications, Namakau Mukelabai said the issuance of the license meant the project would transition from planning into the full-scale implementation phase following the MoU signed in July 2025 during the Invest Zambia International Conference. Mukelabai disclosed that the groundbreaking was set to happen in the next few weeks, with the first phase expected to be operational in 2026. “The Zambia Development Agency (ZDA) has handed over the investment license to China Zambia Petrochemical Corporation (CZPC), a Special Purpose...