By Claver Nyuki
President Emmerson Mnangagwa’s re-engagement and consolidation of international relations policy is bearing fruits as more investors are flocking the country in a bid to invest.
A statement by the Zimbabwe Special Economic Zones Authority (ZimSeza) revealed that the International Corporation Centre of National Development and Reform Commission (ICC NDRC) and the People’s Republic of China representatives are in the country to visit some economic zones and industrial parks for possible areas of corporation.
The statement reads, “The ICC NDRC and the People’s Republic of China will be in the country from 21 October 2019. They intend to visit some economic zones and industrial parks (Sunway city, Mutare, Bulawayo and Beitbridge) for possible areas of co-poration.
“The areas on possible co-operation include the possibility of establishing the pithead power station; possibility of using electric energy for primary processing of mining industry, direction and advantages of the industrial parks in developing other production and processing industries.”
The delegation which is already in the country has visited Sunway city, Mutare, Bulawayo and today will be in Beitbridge.
The visit by the ICC NDRC and China vindicates reports by ZimSeza that the authority is overwhelmed by foreign investors seeking to invest in Special Economic Zones (SEZs) which is a clear indication of newly found confidence in the country as an investment destination of choice under the new dispensation.
ZimSeza chief executive officer Mr Edwin Kondo was quoted saying the authority has received over 50 inquiries of foreign firms seeking to invest in the country’s SEZs.
“We have received over 50 inquiries and we continue to receive five or more new foreign investors daily coming to make serious inquiries about investing in Zimbabwe, particularly in SEZs.”
The continued interest by international investors clearly show that the re-engagement policy and the Zimbabwe is open for business mantra adopted by President Mnangagwa upon his ascendancy to power is bearing fruit with the vision for a middle class economy by 2030 well within sight.
