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Vision
Mission
manage the LSMFEZ
Values
highlighting that we are creating a space that will be
a centre of excellence in pursuit of our goals.
Vision
The Lusaka South Multi-Facility Economic Zone is Zambia’s first state owned Economic Zone. Designated by the Government of Zambia in 2010 to drive economic diversification. It is being developed as a mixed-use facility with various land uses which include Industrial, Commercial, Research and Development, Housing, Institutions, and Parks. The mixed-use development is planned to attract both local and foreign firms to invest in the Zone which in turn will promote manufacturing, stimulate export activities, technological development, skills transfer, job and wealth creation. Currently the LS MFEZ has 101 approved investors which has attracted a total of USD 1.59 billion in investment.
The overall goal is to establish a vibrant, innovative and integrated industrial, commercial and residential satellite city and economic driver for the City of Lusaka and Zambia as a whole.
Lusaka South Multi Facility Economic Zone (LSMFEZ) was established on 28th June, 2010
In order to promote manufacturing and stimulate export activities, fiscal and non-fiscal incentives are offered to both local and foreign firms as provided for under the ZDA Act of 2006.
FISCAL INCENTIVES:
Accelerated depreciation on capital equipment and machinery (fixed assets) and Zero percent tax for a period of ten (10) years from the first year of commencement of works in the MFEZ on dividends declared, on profits made or exports by companies.
SUBSIDIZED SERVICES:
- Electricity Supply Network
- Water Supply Network
- Road Network
- Optic Fibre Network
- Sewerage Network