Business / Economy
UK's private sector seeks investment in Zimbabwe
11 Feb 2015 at 20:01hrs | Views
A private investor delegation privately sponsored by Invest Africa arrives in Harare to seek investment opportunities.
A United Kingdom (UK) Private Sector led International Investor Delegation arrives in Zimbabwe tomorrow to explore investment opportunities in the country, signalling the strengthening of business ties between the two countries.
The nineteen (19) member delegation, which is privately sponsored by Invest Africa, comprises [12] companies from different sectors. This visit comes as a follow up of a British Government supported scoping trade mission that came to Zimbabwe in October 2014.
Ambassador Catriona Laing said:
"I am delighted that Invest Africa has taken the initiative to organise this investment mission. A second mission following soon after the successful UK government sponsored mission in October last year is a signal that there are investment opportunities here in Zimbabwe.
"There is need however, for the Government of Zimbabwe to intensify its efforts on investment policy clarification and reforms, matched by good political will to attract more Foreign Direct Investment (FDI). It is my hope that this will be forthcoming and Zimbabwe will see the benefit that foreign direct investment brings."
Members of the delegation are scheduled to network with senior Government Ministers, captains of industry and commercial sector leaders where they will gain useful knowledge of the market and engage with potential commercial partners.
The highlight of the International Investor Delegation visit will be the signing of a memorandum of understanding between a UK business and the Zimbabwe Government in an investment initiative that is expected to create hundreds of jobs in a local rural community.
The trade mission will be in Zimbabwe for a three day working visit.
A United Kingdom (UK) Private Sector led International Investor Delegation arrives in Zimbabwe tomorrow to explore investment opportunities in the country, signalling the strengthening of business ties between the two countries.
The nineteen (19) member delegation, which is privately sponsored by Invest Africa, comprises [12] companies from different sectors. This visit comes as a follow up of a British Government supported scoping trade mission that came to Zimbabwe in October 2014.
Ambassador Catriona Laing said:
"There is need however, for the Government of Zimbabwe to intensify its efforts on investment policy clarification and reforms, matched by good political will to attract more Foreign Direct Investment (FDI). It is my hope that this will be forthcoming and Zimbabwe will see the benefit that foreign direct investment brings."
Members of the delegation are scheduled to network with senior Government Ministers, captains of industry and commercial sector leaders where they will gain useful knowledge of the market and engage with potential commercial partners.
The highlight of the International Investor Delegation visit will be the signing of a memorandum of understanding between a UK business and the Zimbabwe Government in an investment initiative that is expected to create hundreds of jobs in a local rural community.
The trade mission will be in Zimbabwe for a three day working visit.
Source - British Embassy Harare
