Investors to flood Zim

via Investors to flood Zim | The Herald August 28, 2015

AN ANNOUNCEMENT by President Mugabe on Tuesday that Government would introduce laws that attract investment should see Chinese investors flocking to Harare, outgoing Chinese Ambassador to Zimbabwe Mr Lin Lin has said. President Mugabe made the remarks in his State of the Nation Address in Parliament. Speaking to the media after bidding farewell to Vice President Phelekezela Mphoko at his Munhumutapa offices in Harare yesterday, Ambassador Lin said relations between Zimbabwe and China were set to blossom.

“We noted that the President in his State of the Nation Address said Zimbabwe will implement policies that improve the business environment and promote and attract both domestic and foreign investment,” said Ambassador Lin. “I believe that this will give more confidence to foreign investors including Chinese investors. Definitely, there will be more Chinese businesspeople coming here to find new opportunities for co-operation. I do believe there is a great future for our bilateral co-operation.”

Ambassador Lin, who will be leaving the country at the end of next month after a three-year tenure, said mega-deals signed by President Mugabe and his Chinese counterpart during the State visit to Beijing last year should start bearing fruit soon. He said in the meeting with VP Mphoko they talked about the opportunities that the mega-deals presented for Bulawayo industries.

“We also talked with the VP about cooperation between China and Bulawayo because in my understanding, the Vice President comes from that part of the country and he really gives a lot of attention to the development of that part of the country,” Mr Lin said.

“So we believe that there is still great potential for the revival and development of Bulawayo. It used to be the industrial centre of this country and the infrastructure is still there. The National Reform and Development Commission of China had the delegation here last month. They actually paid a visit to Bulawayo.

“They are trying to see if they can find Chinese enterprises who have interest in carrying out cooperation with some enterprises in Bulawayo.” Ambassador Lin said he assured VP Mphoko that China would do its best to assist Zimbabwe achieve economic recovery.

COMMENTS

WORDPRESS: 6
  • comment-avatar
    grabmore 7 years ago

    Eighteen year old brainwashed Herald journalist writes an economic article after drinking 5 scuds.

    • comment-avatar

      kkkkkkkkkk. If not 5 scuds, may it’s chibatai munhu plus a twist of dagga.

  • comment-avatar
    Washumba 7 years ago

    Over your dead dreams.

  • comment-avatar

    Hahahaha! It’s so nice to have a little levity to relieve the tedium. The Herald continues to churn out excellent satire!

  • comment-avatar
    chimusoro 7 years ago

    Just watch. It is really going to happen!

  • comment-avatar

    ROFL!
    ROFL!
    ROFL!

    Funniest thing I’ve read in YEARS! Good-Oh Bhobho, as insane as ever. And its catching too, its infected all the Herald fiction writers as well.

    ROFL!