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Investment Policy Review - Zambia

image of Investment Policy Review - Zambia

To date, the performance of the Zambian private sector had been poor due largely to the high cost of capital and domestic inputs for local production, which make sustaining competitiveness in an open economy practically difficult. The present Investment Review notes that since the introduction of major economic policy reforms In the early 1990s, private investment, including FDI, had been playing a greater role in Zambia's economy. FDI had also contributed to the long-term policy objective of Zambia, which is to diversify its production and export base from mining to other products and services.

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Methodology of international tax comparisons

The Comparative Taxation Survey compares taxation on investment in several sectors in Zambia with taxation in selected other countries – neighbours and countries elsewhere that have succeeded in attracting FDI to the sectors concerned. The comparisons enable Zambia to assess the competitiveness of its taxation.

English

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