Staff Reporter
Zimbabwe is bolstering its economic transformation through mining, with a multi-million-dollar Mining Industrial Park in Beitbridge set to be commissioned next month. This strategic project is part of broader efforts to achieve Vision 2030, which aims to elevate the nation to an upper-middle-income economy by 2030.
Speaking at the Zimbabwe National Defence University, Mines and Mining Development Minister, Winston Chitando, highlighted the park’s potential.
“The industrial park will generate electricity from coal mined at River Ranch, significantly boosting Matabeleland South’s GDP and creating employment.
“This initiative aligns with the reopening of mines and the establishment of new ones, which have collectively driven record foreign currency inflows over the past five years,” he said.
The Muzarabani Oil and Gas project is another flagship development aimed at securing the country’s energy needs.
“The project is progressing well, with extensive gas reserves identified. Plans are underway to establish a gas-to-energy plant that will resolve the country’s power challenges,” added Minister Chitando.
The plant is expected to further industrialise the economy and solidify energy self-sufficiency.
The mining sector has emerged as a cornerstone of President Emmerson Mnangagwa’s economic reform agenda. Through policy reforms, the Government has attracted substantial investment, expanded operations in the extractive industry, and created thousands of jobs. These developments have contributed significantly to economic growth, improved livelihoods, and overall national transformation.
The Mining Industrial Park represents a culmination of public and private sector collaboration aimed at modernising and industrialising Zimbabwe. Besides contributing to the energy sector, the park will facilitate beneficiation and value addition of minerals, key pillars of the country’s economic development strategy.
As the nation moves closer to its Vision 2030 goals, the mining sector remains a critical driver of growth. Investments like the Mining Industrial Park and Muzarabani Gas project underline the Government’s commitment to infrastructure development, industrialisation, and sustainable economic progress, placing Zimbabwe on a path to long-term prosperity.
