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Herald Correspondent
The GeoPomona Waste management entity has attracted attention of Russian investors following a tour of the Pomona Waste Management site.
The multi-million dollar waste management project is being spearheaded through a policy directive of the Ministry of Local Government and Public works in partnership with GeoPomona Private Limited.
The Russian delegation that visited this emerging waste management centre is engaged in a series of business partnership meetings.
This comes at a time when Zimbabwe and Russia are deepening diplomatic relations.
The delegation from Moscow is led by Russia’s Minister of Foreign Economic Relations in the Sverdlovsk Region of the Russian Federation, Mr Yarin Vyacheslav.
This visit will see Moscow and Harare intensifying their economic ties in various areas of trade and commerce.
As such, the chairman of GeoPomona Waste Management Mr Dilesh Nguwaya invited the Russian business delegation to invest in Zimbabwe given the country’s vast opportunities under the Second-Republic’s open economic policy.
“We wish to invite investors to partner with us in expanding the waste management model beyond Harare. With more investment injection, this will see more lucrative waste management industries coming to life in each city.”
Mr Nguwaya further stressed that waste must feed into multifaceted value chains of industry, this is because waste is money.
“Our business is to convert waste into money, the waste which will be processed here will be electricity for the nation. Beyond that we are moving the narrative from smart cities to waste cities.
The conversion of waste to energy is bringing about a whole new ecosystem to the economy which has been bedeviled by energy crisis,” he said.
Mr Nguwaya also expressed his readiness to engage with potential partners from Russia, citing that Zimbabwe and Russia had a strong ideological bond that should be converted to capital as espoused by the Zimbabwe is Open for Business approach.
The Minister of Provincial Affairs and Devolution for Midlands Province, Honourable Larry Mavima who also toured the GeoPomona site said that Zimbabwe’s openness to investment should see the two nations uniting towards economic development. The success of this Russian State visit will result in twinning arrangement between the Midlands province and the Sverdlovsk Region of Russia.
Online Reporter