Potential impact of the Lobito Corridor and support to the regional transformation agenda: policy brief

Abstract

This policy paper reviews modernization of the Lobito Corridor and its impacts on socio-economic dynamics and developments in the three countries. It further explores how the Corridor can anchor exports, value addition and value chain development. It also examines how the development of the Corridor can spur other economic opportunities including the exploitation of both the mineral and agricultural resources in the three countries. To ensure alignment with business and human rights standards in the Lobito Corridor project and activities, the paper briefly examines some potential adverse human rights impacts and proposes necessary actions by relevant stakeholders to prevent, address and ensure access to effective remedy for adverse human rights impacts and abuses. The brief also seeks to recommend an integrated UN approach on the project. Lastly, the paper provides recommendations on how to optimize the benefits of the development of the Corridor and the opportunities it will provide to local stakeholders while ensuring that socio-economic, environmental and labor issues are competently addressed.