Palestine eyes Zim as a safe investment destination

Story by Owen Mandovha, Business Reporter

PALESTINE has affirmed Zimbabwe as a safe and viable investment destination, with Palestinian investors expressing keen interest in exploring areas of economic cooperation.

The move comes as Palestinian investors seek to diversify their portfolios beyond their conflict-ridden homeland, currently affected by the protracted war with Israel.

This was revealed by the Palestinian Ambassador to Zimbabwe, His Excellency Tamer Almassri, following a courtesy call on the Minister of Industry and Commerce, Honourable Mangaliso Ndlovu, this Thursday.

“The war has ravaged our country, and it is important to have an outward-looking approach whereby our investors are coming to Zimbabwe to partake in areas that cross-pollinate ideas and invest in the rebuilding of Palestine,” he said.

Ambassador Almassri praised the cordial relations between Zimbabwe and Palestine.

“Zimbabwe and Palestine are all-weather friends and we will continue to build these mutual relations to improve the welfare of the people of our respective countries.”

The Palestinian top envoy further stated that agriculture, a key economic driver in the Gaza Strip, is at the mercy of the ongoing conflict and Zimbabwe can be key in rebuilding this sector.

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