ZDA, United Capital Fertiliser signs an IPPA guaranteeing safety of more than $400m fertilizer production investment
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GOVERNMENT through the Zambia Development Agency (ZDA) has signed an Investment Promotion and Protection Agreement (IPPA) with United Capital Fertiliser Company Limited, a subsidiary of Wonderful Group of Companies, reports Francis Lungu. The IPPA is intended to achieve two aspect of business investment; firstly it gives an extra layer to an investor that their investment is protected by Government and it also provides incentives such as easing licensing procedures, tax consideration and even immigration issues that ZDA facilitates on behalf of an investor. The United Capital Fertiliser Company Limited committed...