HERALD

ZIDA approvals surge 64pc as Q3 projected investment hits US$2,6bn

Sikhulekelani Moyo

Zimpapers Business Hub

THE Zimbabwe Investment and Development Agency (ZIDA) issued 182 new investment licences with a combined projected investment of US$2,61 billion in the third quarter of this year, representing a 64,1 percent increase compared to the second quarter.

ZIDA chief executive officer, Mr Tafadzwa Chinamo, said this in the agency’s third quarter report, noting continued investment interest in Zimbabwe’s productive sectors alongside progress in project preparation and investor establishment support.