Nqobile Bhebhe
Zimpapers Business Hub
ZIMBABWE’S manufacturing sector is poised for a production boost in 2027, with US$3,56 billion in quantified industrial investments expected to expand productive capacity, strengthen local value addition and increase the supply of domestically manufactured goods.
Finance Minister, Professor Mthuli Ncube, said several capital investments being advanced this year were at an advanced stage. These projects are expected to become operational next year, accelerating the recovery of the domestic industry.
The investment pipeline is dominated by metals and electricals, alongside projects in fertilisers and chemicals, mineral beneficiation, cement, agricultural value chains, food and beverages, motor manufacturing, textiles, and pharmaceuticals.
According to Minister Ncube’s state of the economy presentation at the ZANU PF National People’s Conference in Chinhoyi last week, major projects include Dinson Iron and Steel’s US$1,5 billion investment, Super Smelters/Steelmate’s US$1 billion project, Xintai-Palm River’s US$342 million investment and Sandawana Lithium’s US$270 million project.
The figures represent disclosed investment values for identified projects.
The anticipated commissioning of new industrial capacity comes as manufacturing activity continues to improve, supported by increased production in food processing, beverages, tobacco, cement and metals.
Prof Ncube said manufacturing capacity utilisation rose from 45,1 percent in 2017 to 61,2 percent in 2025 and is projected to surpass 63,5 percent this year (2026).
“Manufacturing is the largest contributor to real GDP (Gross Domestic Product) growth and is showing real transformation.
Capacity utilisation rose from 45,1 percent in 2017 to 61,2 percent in 2025, and is projected to surpass 63,5 percent in 2026. Growth is led by food processing, beverages, tobacco, cement, and metals, with new steel from Dinson Iron and Steel boosting local production,” he said.
