Biti in bid to lure European investors

Minister Biti is among several top officials from Zimbabwe and businessmen from across the world expected to attend the 2013 ZimInvest London fair to be held at the Intercontinental Hotel.

The fair, being organised by British firm Country Factor, will be running under the theme “Why Zimbabwe matters.”

In a statement, Country Factor said the event would provide a platform to promote business opportunities in Zimbabwe across all sectors of the economy.

“The Forum is a platform for promoting opportunities to investors interested in partnering in Zimbabwe’s development across key sectors in the economy including energy, mining, agriculture, infrastructure, PPPs and privatisations, services, banking and manufacturing,” it said.

“This will be an excellent high-level networking platform for attaining a first hand account of business in Zimbabwe, its potential and regional potential as well as promoting Zimbabwe as a safe and attractive destination for investors.”

Other notable speakers expected at the fair include, Industry and Trade Minister Welshman Ncube, NetOne managing director Reward Kangai, Mwana Africa chief executive officer Kalaa Mpinga, African Development Corporation chief executive officer Dirk Harbecke.

Chamber of Mines president Winston Chitando and Association of Mining Analysts UK, Dr Elena Clarici, will also speak at the event. Zimbabwe has struggled to attract significant foreign direct investment (FDI) mainly due to an economic embargo that Britain and her allies imposed in 2001 for implementing agrarian reforms.—NewZiana.

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