Zimbabwe, Zambia meet over establishment of joint agro-industrial park

Farirai Machivenyika Senior Reporter

The governments of Zimbabwe and Zambia are holding a validation workshop on the policy, legal and regulatory framework for the establishment of the agro-industrial park between the two countries.

The two countries signed a memorandum of understanding last year for the establishment of the agro-industrial park and today’s meeting is expected to decide the framework for the feasibility study among other issues.

The process is being done with the support of the United Nations Economic for Africa (UNECA), the Common Market for East and Southern Africa and the African Development Bank (AfDB).

The proposed project is expected to increase the availability of industrial goods and services for the bilateral market and expand intra- regional trade in manufacturing.

It will help develop industrialists that would acquire ownership and management of the industries, develop appropriate skills and knowledge in industries, strengthen collaboration and bolster networking among policy makers, regulators, industry and academia.

Related Posts

Zim, Chinese firms sign landmark electric vehicles assembly deal

Ivan Zhakata Herald Correspondent CHINESE electric vehicle manufacturer Build Your Dreams (BYD) and indigenous firm Tsapo Group have signed a landmark agreement that will see the local assembly of electric…

Over 1 000 delegates expected at the TNF Global Summit in Vic Falls

Farirai Machivenyika Senior Reporter OVER 1 000 delegates from more than 15 countries are expected at the landmark Global Summit on Inclusive Growth, Decent Work, Beneficiation and Investment Promotion that…

Leave a Reply

Your email address will not be published. Required fields are marked *