TENDAI BHEBE IN BULAWAYO
The Zimbabwe Investment and Development Agency (ZIDA) says investors seeking licenses to establish businesses in designated Special Economic Zones (SEZ) must ensure that their operations contribute to Zimbabwe’s economic growth to avoid being turned down.
ZIDA chief development officer Silibaziso Chizwina said the SEZ license should be for the benefit of the country as well.
“These are investments where private players come in and deploy their capital without necessarily partnering with the government or any of its agencies. Our government has a generous endowment of natural resources,” she said.
Chizwina said investors take time to research on how they can uplift Zimbabwe’s economy before applying for a licence.
She said there were many investment opportunities in Zimbabwe.
“Apart from having over 55 internationally tradable minerals, Zimbabwe also boasts fertile soils for agriculture. Our investors can also consider doing medicinal cannabis when they go into agriculture and please note it’s strictly medicinal cannabis not any other use. “
Chizwina said there were also investment opportunities in infrastructure development and manufacturing in the tourism sector.
“ZIDA is currently working with the tourism authority to promote some investment opportunities along the water bodies, that is we are looking at Tugwi Mukosi dam,” she said.
“They are also investments in the manufacturing sector that you can consider going into. We have an investment map, there are different endowments provinces have which are represented in this map.”
