Staff Reporter

NV Mining and Minerals Private Limited Group Chief Executive Officer, Ajay Rayan Agarwal, has hailed the Zimbabwe Government for living up to its promise that Zimbabwe is open for business.

Making a presentation during the ongoing Zimbabwe Miners Federation-MMCZ Consultative meeting, Ajay outlined the reason why Zimbabwe is fertile ground for investments.

“The country has a long history in mining with no unforeseen shocks, making the development trajectory in Zimbabwe positive. 

“There is a diverse and huge level of mineral resource and 99% of machinery for exploration and construction needs can be met within Zimbabwe,” said Agarwal

Expressing his confidence in the skills of the locals, Agarwal said, “The locals have sound skills which help in faster operationalisation of projects.”

He further commended the peace that reigns in Zimbabwe giving assurance to other would-be investors that any investment will be safe in Zimbabwe.

“The country is peaceful with no insurgency or border disputes, law and order situation is very good as compliance and reporting is strictly enforced,” he concluded.

The Government continues to work toward the attainment of a US$12 billion mining industry by 2023.