Wonderful Group unveils $5B plan

By Hellen Bwalya
​Wonderful Group of Companies Limited, through its subsidiary United Capital Fertilizer Zambia Company Limited, has officially launched an ambitious $5 billion mid-term industrial investment program spanning from 2025 to 2030 during a groundbreaking ceremony in its Industrial Park. Delivering the vote of thanks, Group Chief Executive Officer Mr. Huang Yaochi emphasized that the initiative consolidates the company’s long-term commitment to boosting Zambia’s economic potential, agriculture, and employment. The event highlighted major multi-million-dollar manufacturing expansions and infrastructure upgrades aimed at positioning Zambia as a central industrial powerhouse for Southern and Eastern Africa.
​Central to the $5 billion commitment are massive chemical and fertilizer plant developments within the park. Following the completion of its $680 million Phase One urea manufacturing plant—which is now operational—the group is advancing toward the Q1 commissioning of the $300 million Sino-Agri Chemical Phosphate plant to produce specialized DAP fertilizers. Further expansion plans include a $1.6 billion Phase Two urea project and a $700 million expansion of the phosphate project, alongside efforts to attract additional green and high-tech investor operations.
​To support this industrial growth and optimize bulk carriage logistics, Wonderful Group announced plans to upgrade the regional railway network connecting local mines through the industrial park, convert selected portions of Mungwi Road into a dual carriageway, and widen connections leading to Mumbwa Road. These infrastructure projects will be executed under a Public-Private Partnership (PPP) model upon concluding internal financial formalities to streamline traffic and reduce supply delivery times. Mr. Huang Yaochi acknowledged key financial partners, extending deep gratitude to a banking syndication led by Absa Bank PLC and ZANACO Bank PLC for funding the developments.
​Clarifying the company’s identity, Mr. Huang Yaochi noted that despite early perceptions, Wonderful Group and United Capital Fertilizer are proudly Zambian enterprises. He highlighted that only two Chinese nationals serve in management, neither of whom are directly involved in daily operations, leaving the executive control and management entirely in the hands of local Zambians. Reaffirming the group’s pledge, Mr. Yaochi expressed firm confidence in Zambia’s capacity to produce what it consumes, export across borders, and lead Eastern and Southern Africa’s industrial future.

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绝妙集团公布50亿美元投资计划
​作者：海伦·博瓦利亚（Hellen Bwalya）
​绝妙集团有限公司（Wonderful Group of Companies Limited）通过其子公司赞比亚联合资本化肥有限公司（United Capital Fertilizer Zambia Company Limited），在其工业园区举行的奠基仪式上，正式启动了一项跨越2025年至2030年的50亿美元中长期工业投资宏伟计划。集团首席执行官黄耀弛先生在致答谢词时强调，该举措巩固了集团致力于提升赞比亚经济潜力、农业发展和就业水平的长期承诺。本次活动展示了多项价值数亿美元的制造业扩建及基础设施升级项目，旨在将赞比亚打造成中东非地区的核心工业强国。
​在这项50亿美元的投资承诺中，园区内大规模的化工与化肥厂建设处于核心地位。继投资6.8亿美元的一期尿素生产厂竣工并投入运营后，集团正在稳步推进投资3.00亿美元的农化磷肥厂建设，预计将于第一季度投产，用于生产专用二铵（DAP）化肥。进一步的扩建计划还包括投资16亿美元的二期尿素项目和投资7.00亿美元的磷肥扩建项目，同时集团还将努力吸引更多绿色与高新技术投资者入驻运营。
​为了支持这一工业增长并优化大宗运输物流，绝妙集团宣布了多项基础设施升级计划，包括升级连接当地矿山并穿过该工业园区的区域铁路网络、将蒙格维路（Mungwi Road）的部分路段改造为双向四车道，以及拓宽通往蒙布瓦路（Mumbwa Road）的连接线。这些基础设施项目将在完成内部财务手续后，通过政府与社会资本合作（PPP）模式实施，以畅通交通流量并缩短物资交付时间。黄耀弛先生对关键金融合作伙伴表达了谢意，向由艾莎银行（Absa Bank PLC）和赞比亚国家商业银行（ZANACO Bank PLC）牵头的银行银团为相关建设提供资金支持致以深切感谢。
​在澄清公司身份时，黄耀弛先生指出，尽管早期外界存在误解，但绝妙集团和联合资本化肥公司均是值得骄傲的赞比亚本土企业。他强调，管理层中仅有两名中国籍员工，且均未直接参与日常运营，企业的行政控制权与管理权完全掌握在赞比亚本地人手中。黄耀弛先生重申了集团的承诺，并对赞比亚实现自产自销、对外出口以及引领东非和南部非洲工业未来的能力表达了坚定信心。