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STREP looks to develop southern African hub
Wed, 05 May 2010 12:18


Region
Zimbabwe

Sector
Manufacturing

Summary:
Zimbabwe's manufacturing sector has potentially lucrative opportunities investors can take advantage of. The strategy to revive the sector involves attracting funding to raise capacity, as well as creating a favourable investment climate.
Contact
Richard Mbaiwa

Email
mbaiwa@zia.co.zw, info@zia.co.zw

Tel
+263 475 7931 (to 7936)


The government of Zimbabwe is keen to revive the manufacturing sector, which was once robust and contributed 22% of the GDP. The Short Term Recovery Programme (STREP) has identified several areas of investment that would be potentially profitable.

1. Agro-Processing:  Processing of meat, fish and fruit juices. Cement manufacturing and sugar milling are also potentially lucrative.

2. Textiles: Opportunities are in cotton ginning, spinning, weaving, finishing textiles and knitting products.

3. Chemicals: Manufacturing of fertilisers, insecticides, paints, detergents, pharmaceuticals, industrial chemicals, petroleum products, rubber and plastic products.

4. Wood and furniture: Saw milling and wood processing

5. Technology: Information processing, computer assembly, solar technology and consumer electronics.

For further information on investment opportunities in Zimbabwe contact the Zimbabwe Investment Agency.

Contact: Richard Mbaiwa
Chief executive officer, Zimbabwe Investment Agency
Email: mbaiwa@zia.co.zw
Tel: +263 475 7931 (to 7936)
www.zia.co.zw

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