SUBSIDIARIES
The IDC portfolio is two fold. It includes entities where IDC is the majority shareholder; the State-Owned Enterprises (SOEs) minority shareholder the; Investee Companies

MINING, AGRICULTURE & FORESTRY

Zambia Forestry and Forest Industries Corporation

KAGEM mining

ZCCM-IH

Kawambwa Tea Industries

solar-panel

ENERGY
& INFRASTRUCTURE

ZESCO

Bangweulu Power Company

Ngonye Power Company

Lusaka South MFEZ

INFRATEL

train

TRANSPORTATION
& COMMUNICATION

Indo-Zambia Bank

Zambia Industrial Commercial Bank

Zambia Reinsurance

ZANACO Bank PLC

ZSIC General Insurance

ZSIC Life

manufacturing-plant

MANUFACTURING

Superior Milling Company

Marcopolo Tiles Company

Mununshi Fruit Company

Nitrogen Chemicals Zambia

ZAMPALM

Zambezi Cashew Company

Eastern Tropical Fruit Company

Kalene Hills Fruit Company

health

HEALTH,
TOURISM & REAL ESTATE

Mulungushi International Conference Centre

Lusaka Trust Hospital

Mukuba Hotel

Mulungushi Village Complex

banking

BANKING &
FINANCIAL SERVICES

Mpulungu Harbour Corporation Limited

Zambia Railways Limited

Zambia Cargo & Logistics

Times Printpak

Zambia Daily Mail

ZAMTEL