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Mash Cent Bureau
MOTIVATED by President Mnangagwa’s vision for rural areas to become fully modernised, Mazowe Rural District Council next week hosts the Mashonaland Central Investment Conference to lure investors.
The business conference, to be held at Makumburi Resort in Mazowe District on September 26, will showcase opportunities available in Mazowe district and the rest of the province.
About 300 local and foreign companies are expected to attend the conference.
In a statement, the district council said: “Mashonaland Central will be having an investment conference on September 26 2024 hosted by Mazowe. The conference will be held under the theme: ‘Promoting Rural Industrialisation Towards Vision 2030’.
“Issues on the agenda will include among others, project implementation targets, business concepts rejuvenation and land offer withdrawals. The Minister of State for Provincial Affairs and Devolution Honourable Christopher Magomo (MP) will attend the event.”
The council warned businesspeople who have been allocated land in the district that they must make full use of it, or risk losing it to other serious investors that have been lined up to attend the conference.
“Business leaders and various stakeholders will be in attendance at the conference. This is a final call to action. Use your land or lose it,” said the council.
With a population of about 500 000 people, Mazowe District is a predominantly rural area, but it is navigating the path to become an ultra-modern district.
To date, Mvurwi, which used to be part of the rural district council, has become a fully-fledged town.
Mazowe District has six ready-to-take-off areas: Mount Pleasant Heights, Christon Bank, Concession, Glendale, Mazowe and Nzvimbo Growth Point.
Over 200 representatives of companies from within and outside the country took part at last year’s Mazowe Business and Investment Conference, underlying how President Mnangagwa’s call for rural industrialisation is wooing domestic and transnational investor interest.
Potentially, Mazowe has an economy worth US$25 billion, which is waiting to be exploited. This is according to profiling carried out by the Commonwealth Local Governance Forum.
Mazowe has immense potential in various sectors such as mining, agriculture, tourism, real estate development, health and ICT.
It is also strategically located along Harare’s northern border and also close to the new city in Mount Hampden, currently under construction.
Amongst its riches, Mazowe has fertile lands and contributes significantly to the national agriculture output, particularly maize and wheat. In mining, the district has over 42 different minerals, including the gold-rich Jumbo Mine.
For decades, Mashonaland Central has been lagging in terms of modernisation, but the Second Republic’s policies have jolted the province to progress.
Online Reporter