LATEST: Zim, Kuwait ink $20m irrigation deal

Source: LATEST: Zim, Kuwait ink $20m irrigation deal | The Herald March 24, 2017

Felex Share Senior Reporter
Zimbabwe and Kuwait Fund have this morning signed a $20 million loan facility that will be used for infrastructure development at Zhovhe Irrigation Scheme in Matabeleland South.

The irrigation scheme will primarily focus on the production of citrus fruits for exports.

Finance and Economic Development Minister Patrick Chinamasa signed on behalf of Government while the Kuwait Fund was represented by its deputy director general Mr Hamad Al – Omar.

Details to follow….

COMMENTS

WORDPRESS: 4
  • comment-avatar
    nelson moyo 7 years ago

    Zimbabwe and ZANU PF are very good at inking deals – not too many of them translate into anything useful for the people of Zimbabwe

  • comment-avatar
    Dubbozimbo 7 years ago

    Major citrus used to supply export quality fruit until the insipid wench stole it. Good luck with your next ill fated attempt, Zanu could not have success with anything. Never in a 1000 years as some great man once said.

  • comment-avatar

    Another loan which will never be repaid