Chinese investments up

Melissa Makoto Herald Reporter
Zimbabwe has witnessed an increase investment by Chinese companies since the adoption of the mantra “Zimbabwe is open for business”, Acting Minister of Foreign Affairs and International Trade Cain Mathema said last week.

Minister Mathema, who was speaking at the International Day Reception of the People’s Republic of China, said trade and economic co-operation between Zimbabwe and China continued to soar to new heights.

He said this was demonstrated by the implementation of various projects in energy, environment, agriculture infrastructure development and mining.

“In the near future, Zimbabwe will be exporting oranges to China.This is a welcome development, further enhancing our trade relations as should be the case between great friends,” he said.

Chinese Ambassador to Zimbabwe Huang Ping also said he was grateful for Zimbabwe’s support for China’s core interest.

 

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