By Davison Vandira
THE country’s re-engagement and engagement agenda is bearing fruit, with local businesses set to host a Dubai business delegation in the coming weeks as a follow up to the Memoranda of Understanding signed at the Dubai 2020 Expo.
The Dubai Business Chamber of Commerce’s trip to Zimbabwe is another endorsement of the country’s good business operating environment which continues to attract foreign direct investment.
Under the National Development Strategy One, private sector-led economic growth is a priority, with this realisation having pushed the Zimbabwe National Chamber of Commerce (ZNCC) to partner the Dubai Chamber of Commerce in spearheading the fourth industrial revolution.
“The need to operationalise and turn Memoranda of Understanding that we have signed with different organisations to real economic value and activity has pushed us as private sector to engage our counterparts to bring in their investments for enhanced economic growth,” said ZNCC CEO, Mr Chris Mugaga.
Zimbabwe’s 2022 economic growth prospects have already been commended by the International Monetary Fund and under the National Development Strategy One, a five percent annual growth rate is being sought hence the coming in of private sector led capital formation will fast track the attaining of vision 2030.