FDI key to Zim realising vision 2030: ED

by Staff Writer

President Emmerson Mnangagwa, while attending the 73rd Session United Nations General Assembly (UNGA), took the opportunity to reach out to international investors, for Foreign Direct Investment (FDI) that would help Zimbabwe become a middle income economy by 2030.

Addressing delegates that attended the Zimbabwe Investors Forum in New York, USA, President Mnangagwa said Zimbabwe was vigorously pursuing a re-engagement policy for mutually beneficial outcomes.

Let me, on the onset, state that my Administration is determined to build a new, open and prosperous Zimbabwe by pursuing a robust engagement policy with all members of the international community for mutually beneficial outcomes.

“As such, Zimbabwe stands ready to enhance and improve economic relations as well as welcome investments from the United States. Our attendance to this Forum is timely as we seek to revive and rebuild our economy,” he said.

President Mnangagwa said the key principles driving the economic agenda include comprehensive “economic reforms which foster an investment-friendly environment that promotes and protects private enterprise,” as well as improving the ease of doing business which reduced the country’s risk perception.

He said Zimbabwe had a vision to become a middle income economy by 2030 and FDI would significantly contribute towards realising the vision.

“We are fully cognisant that foreign direct investment will play a major role in the attainment of this noble vision, hence we invite investors amongst you to travel this journey with us,” said President Mnangagwa.

The Investors’ Forum was organised by Exotic Inc USA, in efforts to create greater awareness of the business opportunities in the country.