ZITF spearheads investment to stimulate industrial growth

By Derick Tsimba

Zimbabwe International Trade Fair (ZITF) is spearheading the country’s industrial growth through promoting international business exhibitions aimed at ensuring that the country becomes an investment destination and a middle class economy by 2030, a Cabinet Minister has said.

Speaking at the ZITF 2019 official opening ceremony in Bulawayo, Minister of Industry and Commerce, Nqobizitha Ndhlovu said Zimbabwe was being transformed into a preferred trade and investment destination.

“Businesses exhibited at the ZITF are all aimed at transforming and positioning Zimbabwe as the preferred trade and investment destination while propelling Zimbabwe to become a middle income class economy by 2030,” said Minister Ndhlovu.

The Minister also said investment and trade opportunities were available in all the sectors of the economy for those international investors who would want to do business in Zimbabwe.

“Investment and trade opportunities are available in all sectors of the economy which include mining and mineral processing, agriculture and agro processing, manufacturing, infrastructure development energy and power generation, tourism and the service sector. There is no better time to consider investing and going business in Zimbabwe than now,” said the Minister.

ZITF celebrated its 60th year of jubilee exhibitions this year. The Trade Fair propagated industrial growth through trade and investment and held a five day trade showcase which featured a fully packed programme of events aimed at coming up with interventions required to enhance economic performance.