Value addition & beneficiation underwrites Zimbabwe’s investment agenda

By Davison Vandira

ZIMBABWE’s relentless Investment agenda was well received at the just ended St Petersburg International Economic Forum in Russia where the Minister of Industry and Commerce presented the country’s economic opportunities.

The country’s quest to develop a vibrant, sustainable and globally competitive manufacturing industry was the reason for attending the St Petersburg International Economic Forum where the country’s focus was on improving the industrial value chain.

The Ministry of Industry and Commerce is spearheading a re-industrialisation agenda through a US$8 billion transformation roadmap supported by the National Development Strategy One.

“We have spelt out our economic vision and we are for partners to come and tap into opportunities that are boundless in the country’s productive sectors in addition to the competent human resource capital,” said
Dr Sekai Nzenza, Minister of Industry and Commerce.

Dr Nzenza emphasised Zimbabwe’s desire to strengthen its regional and International economic integration through enhancing exports for sustainable growth.

“Our focus is on increasing employment levels, wealth generation and improving the citizenry’s livelihoods as such we are prepared to continue improving our investment climate,” she said.

In line with the vision of becoming an export led economy, Zimbabwe is finalising its tariff offer under the African Continental Free Trade Area which offers a US $3.4 market with more than 1.2 billion people.