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Chinese investors line up to meet Mnangagwa

by Staff reporter
05 Sep 2018 at 13:22hrs | Views
Chinese and international investors are lining up to meet President Emmerson Mnangagwa who is in Beijing where he was attending the Forum on China Africa Cooperation (FOCAC) Summit.

Some of the companies with senior representatives, chief executives or founders who met and discussed investment opportunities available in Zimbabwe with President Mnangagwa and his team include a company called CCCC which is involved in designing and construction of infrastructure, dredging and heavy machinery manufacturing.

Senior management from a company called TBE which specialises in electricity generation, transmission and distribution with 22 000 employees worldwide also had an audience with President Mnangagwa.

Belt and Road Collaborative Innovation Centre whose chair met President Mnangagwa in April when he visited China and offered scholarships to Zimbabwean students, met the President to submit a memorandum of understanding to concretise her offer.

Yantai JinAo Environmental Protection Technologies which is into gold mining also held a meeting with President Mnangagwa.

Touchroad International Holdings Group which is involved in development of Special Economic Zones, resources exploitation, finance and trade, China Gezhouba Group Company Ltd and CGGC providers of comprehensive solutions in the power industry also met the President.

Huawei – a consumer electronics company specialising in smartphones, cellphone gear gadgets and tablets as well as China Gold which has expressed interest in investing in the country in the past but was not comfortable with some investment policies and Century Space Technology Company which manufactures building materials are some of the prospective investors that managed to meet with President Mnangagwa.

The President's government has adopted some economic reforms to assist investors keen on starting businesses in Zimbabwe urging those interested to take the first mover advantage to explore the abundant investment opportunities in the country.

President Mnangagwa is on record encouraging investors to visit Zimbabwe to get first-hand experience of the limitless investment and business opportunities and an insight into areas they would want the government to address.

Source - zbc