Challenge: The Chembe Multi Facility Special Economic Zone (CMFEZ) in Zambia aimed to establish a state-of-the-art industrial park that would drive economic development, attract investment, and foster innovation within the region. However, the project required expert guidance in its early stages, including conceptualization, design, and navigating the complexities of land acquisition and company formation.

IMark Global’s Solution: IMark Global partnered with CMFEZ to bring the vision of an industrial park to life. The partnership involved:

• Conceptualization: Developing the initial concept for the industrial park, including its layout, infrastructure requirements, and strategic objectives.
• Design: Crafting the preliminary design that would guide the development of the industrial park, ensuring it met the needs of potential investors and aligned with regional economic goals.
• Company Formation: Assisting in the legal and administrative processes required to establish the entity responsible for managing the industrial park.
• Land Acquisition: Working closely with the Zambian government to secure the necessary land for the project, ensuring that the location was strategically beneficial for industrial activities.

Outcome:

• Strategic Planning: The project has laid a strong foundation with a well-conceptualized design and clear objectives, positioning it for future success once launched.
• Government Collaboration: The successful acquisition of land and the formation of the management company demonstrate effective collaboration with the Zambian government.
• Ongoing Development: Although the project is still in progress and not yet launched, the groundwork laid by IMark Global ensures that CMFEZ is on the path to becoming a significant player in Zambia’s industrial and innovation landscape.