ZIDA in cotton promotion drive

THE Zimbabwe Investment and Development Agency (ZIDA) says it is promoting agriculture and mineral value chain investment opportunities in the country through a US$250 million cotton project earmarked for Manicaland.

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This comes as Zimbabwe is on an industrialisation drive and wants the manufacturing sector to increase its contribution to GDP.
“In the Lower Sabi west bank, there is a cotton project and that project is estimated at a value of about US$250 million. There is potential for agro processing. There is agricultural production…seed cotton and lint. This is a 10-year project, where there is potential to invest,” ZIDA acting chief executive Duduzile Shinya told the Zimbabwe-Rwanda Trade and Investment Conference las

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