adminZNCC president Mr Oswald Binha, who recently returned from a seven-day trade, exhibition and investment forum in the Asian country, said Zimbabwe should not lose out on the pledge.
“We need to come up with a national strategy to attract Chinese investment into the country. If we do not, we lose out to other countries.
“We need a nationally agreed strategy with the input of all stakeholders. The strategy must be all encompassing because we may end up attracting traders and not investors,” he said.
Mr Binha said Zimbabwe had huge investment opportunities in mining, infrastructure development, banking and power generation.
“In Africa we are working as individuals. There is also a need for the Sadc region to work together to develop the Beira Corridor and the Namibian port to attract investment into the region as a whole,” he said.
Mr Binha is also president of the Association of Southern African Development Community Chambers of Commerce and Industry.
China’s trade with Africa reached US$166,3 billion in 2011.
In the past decade African exports to China climbed to US$93,2 billion from US$5,6 billion. — New Ziana.
Online Reporter
- Herald
- July 31, 2026
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