Staff Reporter
Palestine has identified Zimbabwe as a safe and promising investment destination, with Palestinian investors eager to explore economic partnerships, amid efforts to diversify their portfolios beyond their war-torn homeland.
This development was confirmed by the Palestinian Ambassador to Zimbabwe, His Excellency Tamer Almassri, following a courtesy call on the Minister of Industry and Commerce, Honourable Mangaliso Ndlovu, in Harare on Thursday.
Ambassador Almassri said the devastating impact of the ongoing war in Palestine, particularly in the Gaza Strip, has prompted a renewed push for outward-looking investment strategies. Zimbabwe, with its stable economic environment and long-standing diplomatic ties with Palestine, is seen as a strategic partner.
“The war has ravaged our country, and it is important to adopt an outward-looking approach. Our investors are coming to Zimbabwe to participate in sectors that allow cross-pollination of ideas and investment. These engagements are not just about profit—they are also about rebuilding Palestine’s economic foundation,” said Ambassador Almassri.
He commended the enduring friendship between the two nations, describing Zimbabwe as a true ally that has consistently stood with Palestine in times of hardship.
“Zimbabwe and Palestine are all-weather friends. We share a history of struggle and solidarity. These strong diplomatic ties will continue to underpin our economic cooperation going forward, ensuring mutual benefit and development for both peoples,” he added.
Ambassador Almassri singled out agriculture as a key sector of interest for Palestinian investors.
Once a cornerstone of Gaza’s economy, agriculture has suffered severe setbacks due to the prolonged conflict. Zimbabwe’s expertise and available arable land present an opportunity for collaboration and recovery.
“We are particularly interested in agriculture, given that it has been heavily affected by the conflict back home. Zimbabwe has the potential to help us revitalise this sector, both by sharing knowledge and through investment partnerships,” he said.
The visit underscores Zimbabwe’s growing appeal as an investment hub in the region, even as it strengthens its international relations.
For Zimbabwe, the potential influx of Palestinian capital and expertise could enhance development in targeted sectors, further aligning with its broader goals of economic diversification and international cooperation.
