Dialogue between govt, private sector to drive sustainable development – ED

By ZBC Reporter

President Emmerson Mnangagwa says open dialogue and collaboration between government and the private sector is critical for sustainable socio-economic development.

He was addressing the inaugural Zimbabwe Annual Investor Forum at the Harare International Conference Centre this Wednesday.

“The creation of such platforms is commendable and demonstrates the Group’s commitment to promote Zimbabwe as an attractive investment destination. This will also help foster partnerships from other more developed countries, Within the comity of nations,” said the President.

He said such forums allow stakeholders to share a combination of knowledge around investment and financing towards accelerating the development of the country.

“This Conference is further in keeping with my long-held conviction on the importance of open dialogue and strong collaborations between Government and the private sector to drive sustainable development. I trust that delegates here present believe in the socio-economic potential of Zimbabwe; the strength of our institutions to drive business success and in our vibrant and stable democracy,” he added.

President Mnangagwa said, “The progress made under the Second Republic is there for all to see. My Government stands ready to work with you as investors and partners in the private sector to achieve our country’s ambitious and yet achievable goals.

“I would like to commend His Excellency the Ambassador of the People’s Republic of China to Zimbabwe, His Excellency G. Shaochun for his expose on the Chinese Investment Philosophy in Zimbabwe. Our country remains grateful for the consistent support, partnerships and investment from the China which are having far reaching impacts across all sectors of our economy.”

He said Government is on a course which has seen robust and responsive trade and investment policy strategies that are pushing the country along on its current path of recovery and long-term growth.

“Our cross-cutting reforms have to date enhanced the investment environment and seen greater participation of the private sector. Additionally, economic management is continually being strengthened, while better public financial management and performance of state-owned enterprises is vigorously pursued.”

Key reforms have been further designed to achieving macro-economic stability, improving the business operating environment, and ensure that the structures of our industries are internationally competitive. These have seen us recording remarkable milestones as the economy remains on an upward growth trajectory, with a 4.6% economic growth projection for 2022, noted President Mnangagwa.

The forum is running under the theme: “Sustainable Long Term Investment Opportunities”.