ZIDA indaba targets investment opportunities in Harare province

By Wellington Makonese

The Harare Metropolitan Province and the Zimbabwe Investment and Development Agency (ZIDA) have organised an investment promotion indaba to accelerate investment in local government jurisdictions.

The indaba follows the adoption of the devolution concept by government with provinces expected to act as economic hubs guided by the National Development Strategy One (NDS1).

The Zimbabwe Investment and Development Agency (ZIDA) which has been going around the country assisting in identifying areas of investment underscored the need to establish a conducive environment for local and foreign investment.

“Central to growth of economies is the role of ZIDA working with local authorities in coming up with viable strategies,” Zimbabwe Investment Development Agency Acting CEO, Duduzile Shinya said.

With Harare being the confluence of economic activities, the province is expected to lead in terms of harnessing the devolution concept.

Mr Tafadzwa Muguti, Harare Metropolitan Secretary for Provincial Affairs and Devolution said, “Growth in Provincial economies is expected to be anchored on value addition and benefit of locally available natural resources endowments. Harare is a hub of manufacturing and presents a lot of opportunities for all subsectors of the economy.”

Government initiated the devolution programme for provinces to exploit their local resources for the sustainable and equitable development of the country.

Some of the devolution projects which have been completed in Harare include Epworth’s Mabvazuva Clinic, safe market and Glenwood Primary School as well as the rehabilitation of the Morton Jeffray Water Works.