Zim-China seminar to be held during ZITF

between Chinese businesses and their local counterparts.
In a statement, the Ministry of Economic Planning and Investment Promotion said the seminar would be held during the           Zimbabwe International Trade Fair (ZITF).
“A high powered Chinese business delegation made up of approximately 170 businesspeople will be visiting Zimbabwe on the 26th of April 2012. The delegation will be part of the participants at the ZITF 2012,” read part of the statement.
The Ministry said the delegation was seeking to identify viable investment projects to implement Zimbabwe as well as establish strategic partnerships with their local counterparts.
Over the years China, one of the fastest growing economies in the world, has become Zimbabwe’s biggest trading partner following adoption of the Look East policy.
The China Development Bank has said it could invest up to $10 billion in Foreign Direct Investment (FDI) in Zimbabwe’s mining and agricultural sectors.
The FDI would enable the country to meet the targets spelt out in the Medium Term Plan (2011-2015). — New Ziana.

 

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