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Investment, Trade and Business Development Act, No. 18 of 2022.

Country/Territory
Zambia
Document type
Legislation
Date
2022
Source
FAO, FAOLEX
Subject
General
Keyword
Business/industry/corporations Fiscal and market measures Subsidy/incentive Internal trade International trade Monitoring Research Special fund Sustainable development Tax/levy
Geographical area
Africa, Eastern Africa, Landlocked Developing Nations, Least Developed Countries
Entry into force notes
This Act enters into force on the date the Minister may appoint by statutory instrument.
Abstract

This Act comprising 51 Sections applies to investors investing in a sector or an industry or any region of the Republic and aims to (i) foster economic growth and development by promoting trade, business development and investment through an efficient, effective, and coordinated private sector led economic development strategy; (ii) promote economic diversification through the growth of exports; (iii) promote, facilitate, protect, and monitor domestic and foreign direct investment; (iv) promote investment through joint ventures and partnerships between local and foreign investors; (v) facilitate the development of industrial infrastructure and commercial services; (vi) promote research on matters related to industrial development and facilitate the protection of new industries.

Full text
English
Website
www.parliament.gov.zm