Online Reporter
Nyore Madzianike
Senior Reporter
ACTING President Dr Kembo Mohadi yesterday met Turkish investors at his offices in Harare, where they discussed multi-million dollar potential investment deals in the energy sector.
The Turkish delegation was led by Akin Atilla Sahinli, the chairperson of Sahinli Construction Company.
Mr Sahinli said the delegation intends to invest in strategic infrastructure, particularly in power generation.
“We discussed power projects and infrastructure, all kinds of infrastructure projects we are interested in. We want to be a partner in the development of Zimbabwe and we want to do a lot of things which will be good for this country,” he said.
Mr Sahinli indicated that they are planning to start their investment journey within the coming few months after necessary consultations and surveys have been done.
He said the delegation will also hold ministerial engagements in the coming months.
“Within a couple of months, we will be here. With our experts, we will make necessary surveys and projects for implementation. We will all start with our partners with investments of around 10 million euros in power projects,” he said.
The Turkish investors were accompanied by ZANU PF Politburo member and businessman Cde Kenneth Musanhi, who was representing the Special Presidential Advisor on Monitoring and Implementation of Government Projects and Programmes Adviser Joram Gumbo.
Cde Musanhi said the visit comes at an opportune time when the country is focusing on infrastructure development.
“This will change the whole industry of Zimbabwe because electricity is the most important thing that is lacking for most of our industry. To manufacture, we all need electricity and the field that he wants to invest in will make a huge change for our country,” he said.
Under the Government’s renewable energy strategy, Zimbabwe aims to generate more than 2 600 megawatts (MW) from renewable sources by 2030, in line with Vision 2030’s objective of a resilient and diversified energy mix.
These targets directly address structural challenges such as seasonal fluctuations in hydroelectric output, ageing coal stations and the persistent gap between electricity supply and demand.
To reduce dependence on hydro and thermal power, the country has accelerated investment in solar, bioenergy and mini-grid solutions, supported by regulatory incentives and net-metering frameworks for independent power producers (IPPs).
These measures are already attracting both local and international investors.
During the National Development Strategy 2 (NDS2) implementation period, priority is being placed on achieving universal access to reliable, affordable, sustainable and clean energy for all Zimbabweans by 2030.
