ZIMBABWE Investment Development Agency (Zida) recently signed a MOU with Singapore Cooperation Enterprise (SCE) for the cross pollination of ideas to develop special economic zones (SEZs) and other investment promotion initiatives in the country. The Asian nation ranks among the top countries on the World Bank Ease of Doing Business index and is considered a global prime investment destination. The Financial Gazette Deputy News Editor Emmerson Njanjamangezi (EN) caught up with the Zida chief executive (CE) Douglas Munatsi (DM) and spoke about the Asian country’s model of economic development through private investment promotion. Below are excerpts from the interview:
EN: Zimbabwe’s economic prospects are getting brighter each day. Growth projections for next year are seen at around 5,3 percent. Do you see the economic resurgence attracting further investments in the country?
DM: Definitely! The economic growth trajectory being experienced across most sectors is a positive indicator with regards to luring investors into the country. Behaviour patterns of investors are influenced by patterns that we are currently experiencing combined with other key variables such as intellectual property rights, repatriation of funds that are clearly outlined in the Zida Act.
The renewed interest in investing in Zimbabwe is very encouraging and we are happy to be riding on this wave of a positive economic outlook for the c
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