Zambia Greenlights $1.1bn Refinery

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China Zambia Petrochemical Corporation received its Investment License to build a $1.1 billion crude oil refinery in Ndola. The project, processing 3 million tonnes of crude annually, will create over 2,200 construction jobs and 600 permanent roles, while boosting fuel self-sufficiency and regional exports. The integrated refinery will spur downstream growth in LPG, bitumen, lubricants, and plastics, providing opportunities for SMEs and skills transfer, strengthening Zambia’s energy security and economic development.