Zimbabwe advances knowledge-driven industrialisation with strategic China partnership
Zimbabwe has called on Chinese investors and partners aligned with China’s global development vision to help accelerate its transition to a knowledge-based, resource-driven industrial economy.
Prof. Amon Murwira, the country’s Minister of Foreign Affairs and International Trade, outlined the policy shift, according to a report by The Herald, a partner of TV BRICS.
“Zimbabwe is open for business. Under this transformative vision, we are ready to engage and foster robust socio-economic partnerships with the People’s Republic of China,” Murwira said.
The Zimbabwean foreign minister reaffirmed the strong diplomatic and economic ties between Zimbabwe and China, which have been elevated to “five-star ironclad” status, signifying a deepened strategic alliance and shared development objectives.
This elevation follows the consensus reached between President Emmerson Mnangagwa and President Xi Jinping during their meeting in September 2024.
To facilitate deeper economic cooperation, Murwira highlighted several bilateral frameworks already in place.
These include a Bilateral Investment Promotion and Protection Agreement and Memoranda of Understanding on economic development cooperation, trade facilitation, and investment coordination.
These instruments aim to improve regulatory clarity, streamline procedures, and enhance investor confidence.
Officials also detailed plans to establish a vertically integrated industrial cluster that includes coal mining, power generation, and steel production.
The goal is to create the largest and most advanced metallurgical hub in Africa. (TV BRICS/NAN)
Edited by Emmanuel Yashim
Published By
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Editor/Assistant Chief Correspondent,
FCT Correspondent,
NAN Abuja.
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