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Labrish
Nyuuz
Ncube invites Chinese investors to explore Midlands opportunities
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[QUOTE="Munyaradzi Mafaro, post: 68282, member: 636"] Owen Ncube, Zimbabwe's Minister of Midlands Provincial Affairs and Devolution, has called on Chinese investors to explore opportunities in Zimbabwe, particularly in the Midlands Province. After touring the China Medical Device Manufacturing Project in Shanghai, Ncube emphasized the longstanding friendship between Zimbabwe and China and urged more investment in various sectors, including mining, agriculture, and manufacturing. He highlighted the province’s vast potential beyond healthcare, particularly in mineral beneficiation and infrastructure development. Ncube's visit coincided with the 8th China International Import Expo and underscored the strengthening ties between the two nations, now formalized under a comprehensive strategic cooperation framework. The Midlands is already home to a US$1.5 billion steel plant by Tsingshan Holdings, a Chinese company, which is expected to drive significant economic transformation. Ncube also acknowledged China’s critical support during Zimbabwe's liberation struggle and the COVID-19 pandemic, particularly through the provision of medical aid and vaccines. The Minister pointed out that the Second Republic’s reforms, such as adjustments to the Indigenisation and Empowerment Act, have created a more conducive environment for foreign investment. He also noted the expansion of healthcare infrastructure through devolution, including new clinics and hospitals, with the China Medical Device Manufacturing Project expected to further enhance Zimbabwe’s medical capabilities. [/QUOTE]
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Nyuuz
Ncube invites Chinese investors to explore Midlands opportunities
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