Zambia has officially launched the construction of a 60,000 barrels per day crude oil refinery in Ndola, marking a major investment aimed at strengthening energy security and accelerating industrial development.
The $1.1 billion project is being undertaken by Zambia Petrochemical Energy Company Limited, a partnership between the Industrial Development Corporation and China’s Fujian Xiang Xin Corporation.
At the groundbreaking ceremony, the Minister of Commerce, Trade and Industry, Hon. Chipoka Mulenga, described the refinery as a key milestone in the country’s economic transformation, noting that it will help reduce reliance on imported petroleum products while supporting downstream industries and job creation.
The Minister for Energy, Hon. Makozo Chikote, emphasised that the project aligns with government efforts under President Hakainde Hichilema to attract private sector investment and promote a more market driven energy sector.
The development is expected to generate more than 2,200 jobs during construction, with additional long term employment opportunities and skills transfer benefits for local communities.
Copperbelt Province Minister, Hon. Elisha Matambo, welcomed the initiative and reaffirmed the region’s commitment to supporting its successful implementation.
Chief Executive Officer of the Industrial Development Corporation, Cornwell Muleya, noted that the refinery will play a critical role in driving industrial growth, supporting local economies, and delivering social benefits.
Meanwhile, Chairperson of Fujian Xiang Xin Corporation and ZPEC, Huang Tieming, highlighted that rising demand from Zambia’s expanding industrial, transport, and agricultural sectors makes the project timely, adding that it will ensure a more reliable supply of refined fuel and reduce import dependence.
A representative of the Chinese Embassy in Zambia, Wang Shen, also noted that the refinery reflects strong bilateral relations and will enhance value addition in energy and chemical products while supporting Zambia’s broader industrialisation agenda.