By Derick Tsimba

Government is in the process of establishing an Investment Development Agency, a move that will see the country operating a One Stop Shop Investment Centre soon, the Ministry of Finance has said.

The Ministry of Finance and Economic Development recently said it was going to provide urgent attention for the One Stop Shop under the 100 Day Rapid Results Plan.

“Establishment of a One Stop Shop Investment Centre has been receiving urgent attention under the 100 Day Rapid Results Plan and as part of the priority investment reforms.

“The Zimbabwe Investment Authority is being merged with the Special Economic Zones and the Joint Venture Unit to establish a One Stop Shop Investment Centre (Zimbabwe Investment Development Agency),” said the Ministry of Finance.

Government is moving with times in accelerating the implementation of this important investment programme capable of increasing exports, creating employment, as well as transferring technology and managerial skills, The Harare Post has learnt.

Pilot projects for Special Economic Zones include, Sunway City in Harare which will focus on the high technology hub, Bulawayo Industrial Hub which will focus on manufacturing value chains, Victoria Falls Tourism Hub covering financial services and tourism as well as Mutare which will focus on diamond polishing and cutting.