New refinery project to boost Zambia's downstream sector

China Zambia Petrochemical Corporation will push ahead with its US$1.1bn crude oil refinery project in Ndola as it has received the Investment License from the Zambia Development Agency

A Special Purpose Vehicle jointly established by the Industrial Development Corporation and Fujian Xiang Xin Corporation, China Zambia Petrochemical Corporation will advance the refinery project as a significant driver of employment generation and economic stability in the region, making a positive difference for the rapidly evolving Ndola Industrial Zone. During the construction phase alone, the refinery will create more than 2,200 jobs. Once operational, it will sustain more than 600 direct and over 2,000 indirect jobs, with comprehensive skills-transfer and certified training programmes designed to build a highly capable local workforce with expertise in advanced petrochemical operations. This will solidify Zambia's energy security and stabilise fuel supply as the country will not have to rely as hevily on the import of refined petroleum products.

Set to begin operations starting next year, the refinery is expected to process 3 mn tonnes of crude oil annually. This staggering quantity will not only surpass Zambia's national fuel demand but also easily cover regional export markets. 

An integrated energy complex, the refinery will gear Zambia's downstream growth, ranging from LPG bottling and bitumen production to lubricants blending. Additional spill over investments are anticipated in storage infrastructure, rail upgrades, and feedstock supply for manufacturing plastics, fertilisers, synthetic materials, and asphalt. Small and medium enterprises (SMEs) are expected to benefit significantly through opportunities in logistics, maintenance, catering, and specialised support services.

"Today's handover of the Investment License marks a decisive shift from commitment to execution. This project is a cornerstone of our industrialisation strategy and a timely response to the country's need for affordable, reliable, and locally produced energy. Through CZPC, we are driving a transformative venture that will create jobs, enhance national self-sufficiency, and support long-term economic growth," said IDC CEO Mr Cornwell Muleya.

"FJXX is honoured to advance this project into its implementation phase in partnership with the Government of Zambia through IDC. With more than two decades of Industrial experience, we are committed to deploying advanced engineering technologies that will deliver a world-class refinery for the benefit of the Zambian people and the broader region," said Mr Huang Tieming, Chairperson of Fujian Xiang Xin Corporation (FJXX).