‘Trade exhibitions a key enabler in economic development’

By Fungai Jachi

GOVERNMENT is confident that this year’s edition of the Zimbabwe International Trade Fair (ZITF) will strengthen international linkages that will help the country achieve its desired economic growth targets.

This comes amid indications of an increased number of exhibitors and investors at the annual trade showcase.

Trade exhibitions such as the ZITF and the just ended Expo 2020 Dubai have been identified as key enablers in economic growth with government capitalising on such platforms to showcase local products while attracting both local and foreign investors.

Speaking during a ZBC News and Current Affairs programme, Face the Nation this Tuesday, the Minister of Industry and Commerce, Dr Sekai Nzenza gave an insight into the opportunities that lie ahead.

“We have seen a lot of benefits from such platforms because through our exhibitions in Dubai investors are coming in the country and we are expecting more because of ZITF. This year’s show case is also going to be bigger and better as compared to last year’s exhibition,” said Dr Nzenza.

Recapitalisation of industries is also high on government’s agenda.

“Government is taking seriously issues if recapitalisation because for our industry to be viable there is need to ensure that companies that already exist are recapitalised so that they start improving. If they improve it means the country will be able to move forward with its developmental agenda,” added Dr Nzenza.

The 62nd edition of the Zimbabwe International Trade Fair (ZITF) is set to be held from the 26th to the 30th of this month, focusing on crafting and reinventing value chains for economic development.