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Indian investors express interest in acquire land in Zimbabwe, Mnangagwa told

by Staff Reporter
04 Jan 2017 at 18:42hrs | Views
Some Indian investors have expressed interest to acquire land to establish a sugarcane plantation in Zimbabwe.

This was said by India's ambassador to Zimbabwe, Ambassador Rungsung Masakui when he paid a courtesy call on Acting President Emmerson Mnangagwa this Wednesday morning.

Ambassador Masakui embarked on his tour of duty as India's top diplomat in June last year.

Talking to journalists after a closed door meeting with Mnangagwa, Ambassador Masakui said the courtesy call was to renew and follow up on discussions held when he presented his credentials and promised to deepen relations in the agriculture and health sectors.

An Indian company, Varun Beverages is currently constructing a US$30 million Pepsi bottling plant in Harare and Ambassador Masakui said some Indian investors have expressed interest to establish a sugar plantation in Zimbabwe.

Ambassador Masakui said they held fruitful discussions with Mnangagwa who gave them some options whether to engage private players, ARDA or government and they will be taking the matter to the Minister of Agriculture, Mechanisation and Irrigation Development.

He also revealed that a medical team from India will be visiting Zimbabwe from the 16th to 18th of this month to assess the health sector needs and meet with stakeholders as they are plans to set up a speciality hospital probably in partnership with Parkview Hospital.

Ambassador Masakui said he made submission for Indian doctors to come to Zimbabwe on a rotational basis which is not possible at the moment.

He also said Indian universities have expressed interest to collaborate with Zimbabwean universities, especially in the medical field.

India is already co-operating with Zimbabwe in the SMEs sector where it has provided machinery at the Harare Institute of Technology.


Source - Zbc