Chinese companies headed for Zimbabwe

A CHINESE delegation representing over 50 companies from the Asian giant will visit Zimbabwe before the end of the month as confidence in the country as a safe investment destination continues to soar.

Speaking at an investment conference organised by the Ministry of Macro-Economic Planning and Investment Promotion in Harare Wednesday, Vice President Emmerson Mnangagwa revealed the delegation will attend the Zimbabwe-China Investment Conference.

“I am pleased to announce that a contingent of over 50 Chinese companies will be in the country,” he said.

VP Mnangagwa said there has been an influx of delegations from across the globe seeking investment opportunities in the country.

“In recent months, we have received a good number of delegations wishing to invest in Zimbabwe. We have also seen Africa’s richest man (Mr Aliko Dangote) visiting us with the intention of establishing investments in the manufacturing and power sectors.

“Last month, we had Germany investors scouting for investments in Zimbabwe’s critical areas including manufacturing,” he said.

He added Zimbabwe is a lucrative investment destination due to its vast natural resources.

The two-day Conference is being held under the theme: Attaining Inclusive Growth and Poverty Reduction through Enhanced Investment in line with Zim Asset.

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