Staff Reporter
The private sector has thrown its weight behind the country's Industrial Reconstruction and Growth Plan (ZIRGP) 2024-2025, a strategic blueprint aimed at addressing challenges affecting industries and fostering economic growth.
During discussions held this Tuesday between Government officials and industry leaders, stakeholders examined the blueprint’s focus on growth opportunities, cost reduction, and strengthening value chains.
The ZIRGP aligns with Zimbabwe’s vision of a private sector-led economy and aims to position the country as a regional industrial hub.
Zimbabwe National Chamber of Commerce Harare Branch chairperson, Ephraim Chawoneka, highlighted that the desire to grow industry is there, and it is within such blueprints that a foundation for growth is laid.
“This entails cooperation among stakeholders to create a common vision by addressing current challenges and implementing solutions to propel the economy forward. The plan prioritises intermediate manufacturing, value chain optimisation, rural industrialisation, and local content strategies,” he explained.
Navidale Textiles Managing Director, Mary Madzima, highlighted the importance of tackling issues such as counterfeit goods and regulatory compliance.
“As the plan seeks to address the influx of smuggled and counterfeit products, improve the ease of doing business, and enhance the growth of large corporations, it becomes imperative for the private sector to embrace it for economic advancement,” she said.
Employers’ Confederation of Zimbabwe Vice President, Dr. Farai Dube, emphasised the private sector’s readiness to collaborate with the government on implementation.
“We are more than willing to partner with the government to implement the plan. This partnership will enhance competitiveness, address access to long-term financing, and resolve infrastructure and utility issues such as electricity and water availability,” he noted.
Government has reaffirmed its commitment to working closely with the private sector to ensure the success of the ZIRGP. By fostering collaboration and aligning priorities, the plan is expected to unlock Zimbabwe’s industrial potential and position the nation as a leader in regional industrial growth.
As stakeholders rally behind the ZIRGP, it represents a unified approach to revitalising the industrial sector, leveraging existing gains, and creating a pathway toward sustainable economic development.
