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More investors eye Zim opportunities

25 Jan, 2015 - 00:01 0 Views
More investors eye Zim opportunities

The Sunday Mail

us dollarsSunday Mail Reporter
INTERNATIONAL investors continue to flock Zimbabwe in search of business opportunities, with a Turkish delegation arriving last Friday – a few days after Chinese investors who were concluding multi-million dollar deals with Government.The visit by the Turkish team follows President Mugabe’s engagements at last year’s Africa-Turkey Summit in Equatorial Guinea.

Zimbabwe is also set to play host to other high-powered business delegations from Europe and Asia later in 2015. The visiting Turkish delegation is expected to sign investment deals in infrastructure development, textiles and agriculture.

Turkey is the one of the biggest textile manufacturers in the world and major investments are expected within the context of Zimbabwe’s cotton industry.

In particular, there are hopes that the Turks will help revive David Whitehead Textiles.

Head of delegation and secretary-general of the Confederation of Businessmen and Industries of Turkey (TUSKON), Mr Mehmet Oksuzoglu told The Sunday Mail yesterday that Zimbabwe was ripe for investment.

“Zimbabwe is ready for investments and today we have brought several businessmen from various sectors of the Turkish economy. This country has a lot of potential and we all know that Zimbabweans are highly educated,” he said through an interpreter.

He said Turkish investors were also interested in schools construction and housing in Harare.

A director in the Ministry of Industry, Ms Flora Makombe, welcomed the delegation on behalf of Industry Minister Joey Bimha.

“We are open for investment and we want to make sure that these investments will achieve our desired results in line with Zim-Asset,” she said.

Zim-Asset is Zimbabwe’s economic blueprint for 2013 through to 2018.

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