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Labrish
Nyuuz
Zida's new reforms pull in a staggering US$10B plan
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[QUOTE="Munyaradzi Mafaro, post: 59637, member: 636"] Zimbabwe Investment Development Agency achieved remarkable growth during the first eight months of 2025. The organization recorded projected investments worth US$9.97 billion, representing a 178.6 percent surge compared to US$3.40 billion from the same period in 2024. Energy projects dominated the investment landscape with US$4.7 billion in renewable power developments. Mining ventures attracted US$2.2 billion through 275 newly issued permits for lithium and gold extraction activities. Chinese investors demonstrated particular interest in lithium mining operations throughout the country. The agency processed 543 fresh investment permits during this period, exceeding the previous year's total of 447 applications. Officials renewed 291 existing permits, more than doubling the 120 renewals completed in 2024. ZIDA introduced enhanced digital systems and streamlined licensing procedures to accelerate business approvals. The organization established an electronic portal enabling online submissions and progress tracking for potential investors. These administrative improvements support Zimbabwe's broader economic modernization efforts under current government policies. [/QUOTE]
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Labrish
Nyuuz
Zida's new reforms pull in a staggering US$10B plan
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