Zimbabwe seeks 1.42 billion dollars in foreign investment to expand agricultural production across multiple crop and livestock sectors. Deputy Minister Vangelis Haritatos outlined government policies to Danish business representatives during meetings in Harare on Monday. The initiative aims to achieve a one-million-tonne maize surplus by 2030 while boosting sunflower output to 161,000 tonnes.
Agriculture contributes up to 17 percent of the country's gross domestic product and employs the majority of Zimbabweans. The government offers tax incentives for special economic zones and exempts farm equipment from value-added taxes. Seven Danish firms explored opportunities in post-harvest processing, poultry operations, and renewable energy during the visit.
The country has 33.3 million hectares of farmland and 10,600 dams capable of irrigating two million hectares. Maize production targets range from 2.3 million to 3 million tonnes annually. Blueberry exports have recently gained access to the Chinese market, with discussions underway for entry into the Indian market.
Agriculture contributes up to 17 percent of the country's gross domestic product and employs the majority of Zimbabweans. The government offers tax incentives for special economic zones and exempts farm equipment from value-added taxes. Seven Danish firms explored opportunities in post-harvest processing, poultry operations, and renewable energy during the visit.
The country has 33.3 million hectares of farmland and 10,600 dams capable of irrigating two million hectares. Maize production targets range from 2.3 million to 3 million tonnes annually. Blueberry exports have recently gained access to the Chinese market, with discussions underway for entry into the Indian market.