NEW: Cabinet approves Zim, Turkey deal

15 Sep, 2021 - 12:09 0 Views
NEW: Cabinet approves Zim, Turkey deal

The Sunday Mail

Online Reporter

Cabinet has approved the memorandum of understanding (MoU) between Zimbabwe and Turkey, which is aimed at enhancing cooperation in infrastructure development between the two countries.

The move will see recapitalisation of the National Railways of Zimbabwe (NRZ), as well as modernisation of the rail and aviation infrastructure, among other projects.

Addressing a post-Cabinet briefing on Tuesday, Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa said the MoU was one of the fruits of re-engagement by the Second Republic.

“Cabinet received and approved the memorandum of understanding between the Republic of Zimbabwe and the Republic of Turkey on Joint Venture in Transport which was presented by the Attorney-General,” said Minister Mutsvangwa.

“The agreement seeks to strengthen bilateral agreements on National Railways of Zimbabwe. The benefits of the MoU include recapitalisation of NRZ, modernisation of the rail and aviation infrastructure among others.

“This blends very well with the drive for international engagement and the mantra that indeed Zimbabwe is open for business.”

 

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