US$20 MILLION SILVER LINING INDUSTRY PROJECT UNDERWAY IN LUSAKA SOUTH MFEZ
Zambia’s industrial expansion has advanced as Silver Lining Industry Limited began constructing its new production plant in the Lusaka South Multi-Facility Economic Zone (LS-MFEZ).
With an investment of US$20 million, the company will manufacture aluminium and glass products to strengthen the local supply chain and reduce imports. The project is expected to create around 530 local jobs, enhancing skills development and improving household incomes upon completion.
The development of Silver Lining Industry Limited within LS-MFEZ reinforces the zone’s role in Zambia’s economic reform. LS-MFEZ continues to serve as a hub for industrialisation, export growth, and job creation by attracting both local and international businesses.
This investment not only diversifies the economic zone but also boosts Zambia’s industrial sector, enhancing its competitiveness in regional and global markets.
HOLY CROSS SISTERS GROUNDBREAKING OF $10 MILLION UNIVERSITY TEACHING HOSPITAL IN LS-MFEZ.
The Sisters of the Holy Cross are constructing a USD 10 million University Teaching Hospital in the Lusaka South Multi-Facility Economic Zone (LS-MFEZ). The project’s strategic location aligns with the Government’s objective of expanding industrial and social infrastructure within the Zone. The LS-MFEZ provides an ideal setting for a major health and education facility, offering modern infrastructure, reliable utilities, and enhanced security.
The mission hospital intends to provide superior healthcare and train future doctors. The building is expected to improve Zambia’s health system, boost access to specialised care, and develop a medical teaching centre.
The hospital’s construction is advanced and on target to finish in 36 months. For decades, the Sisters of the Holy Cross have run community health centres and schools nationwide. This teaching hospital is Zambia’s largest health sector investment.
The hospital is expected to produce many jobs during building and operation, provide crucial healthcare to Lusaka’s growing population, and improve Zambia’s medical training.
The Holy Cross Sisters’ investment shows how faith-based organisations support government initiatives to improve healthcare, education, and sustainable development.
As building continues, health and education stakeholders are closely monitoring the project, seeing it as crucial to Zambia’s healthcare service and training.
MAJOR MILESTONE FOR ZAMBIA’S PHARMACEUTICAL INDUSTRY-ZAMMSA IN THE LSMFEZ
It was a historic moment as the Zambia Medicines and Medical Supplies Agency (ZAMMSA) and Akums Drugs & Pharmaceuticals Ltd of India held a groundbreaking ceremony for their soon to come state-of-the-art pharmaceutical manufacturing facility within the Lusaka South Multi-Facility Economic Zone (LS-MFEZ)
This landmark joint venture represents a significant step towards enhancing local pharmaceutical production, reducing import dependency, and strengthening Zambia’s healthcare supply chain. The facility will produce a wide range of essential medicines, create employment opportunities, and contribute to industrial growth within the Zone.
Together, we are building a healthier and more self reliant Zambia
TRADE KINGS GROUP LAUNCHES ZAMBIA’S FIRST GLUCOSE AND STARCH PLANT IN THE LSMFEZ
President Hakainde Hichilema has commissioned Zambia’s first glucose and starch manufacturing plant, built by Trade Kings Group under Kingsworth Group Limited in the LSMFEZ. The $110 million investment will:
– Create over 1,000 direct jobs
– Source 126,000 tons of maize annually from local farmers
– Save $30 million in annual imports
– Generate up to $150 million in export potential
The plant will produce starch, glucose, maltodextrin, and animal feed by-products for the food, beverage, and manufacturing industries. Trade Kings Group has invested over $1 billion in Zambia, employing 17,500 people and supporting local communities through the Trade Kings Foundation.
$130m Investment
LSMFEZ DECLARES K10.2 MILLION DIVIDEND TO IDC
The Lusaka South Multi-Facility Economic Zone (LS-MFEZ) has declared a dividend of K10.2 million to the Industrial Development Corporation (IDC) for the 2024 financial year. This marks the Zone’s fourth consecutive dividend and reflects a sixfold increase from last year’s K1.5 million payout.
LS-MFEZ Board Chairperson Mr. Boster Chiyaba attributed the strong financial performance to prudent measures adopted by the Board and Management in executing the company’s strategic plan.
“We are pleased to present this dividend cheque. This moment affirms that your investment is generating tangible returns,” said Mr. Chiyaba.
IDC Chief Executive Officer, Mr. Cornwell Muleya, described the dividend as a clear indication of the return on investment made by the Zambian people through the IDC.
He commended the LS-MFEZ leadership for consistently delivering results over the past four years through the implementation of a robust business strategy.
“The people of Zambia have entrusted us with a mandate, and we must deliver on it diligently. We commend the strategies you have implemented to achieve the growth we are celebrating today,” Mr. Muleya said.
He further expressed confidence in LS-MFEZ’s capacity to sustain its strong performance and continue declaring annual dividends.

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