Story by Owen Mandovha, Business Reporter
TWO international technology firms have expressed interest in investing in Zimbabwe’s Information and Communication Technology (ICT) sector, a move set to accelerate the country’s transition towards a digital economy by 2030.
A delegation from Finish tech giant Nokia led by the vice president, of Mobile Networks, Mikko Levante was the first to meet ICT, Postal and Courier Services Minister Honourable Tatenda Mavetera in Harare this Friday and was later followed by a team from Pakistan’s major telecoms firm headed by its Chief Executive Officer, Mr Muhamad Faisal Khan.
Both teams expressed huge interest in investing in Zimbabwe’s ICT sector which dovetails with the government’s quest to create a highly digitised society and economy.
“We are interested in investing in Zimbabwe’s sector of ICT as it represents huge opportunities for us by matching our expansion profile,” Mikko Levante said
The Pakistani delegation revealed that Zimbabwe presents vast opportunities for their company.
“Teresol is looking to partner with local companies in the ICT sector and our research has shown that there are a lot of opportunities that exist on the local market and we are glad to have met the Minister who welcomed us to scout for opportunities,” Mr Khan said.
Honourable Mavetera said the government welcomes the potential investors’ interest given the Second Republic’s quest to establish a competitive economy in the Fourth Industrial Revolution.
“This is exciting and I had fruitful discussions with both delegations that is Nokia and Terosol. Nokia brings its global expertise in the telecommunications industry while Teresol presents an opportunity for local companies to partner with one of the biggest companies in Asia,” she said.
The visit by the two delegations speaks to the positive impact of the Second Republic’s engagement and re-engagement drive and investor-friendly policies.
