More investors eye Zim opportunities

us dollarsSunday Mail Reporter
\nINTERNATIONAL investors continue to flock Zimbabwe in search of business opportunities, with a Turkish delegation arriving last Friday – a few days after Chinese investors who were concluding multi-million dollar deals with Government.The visit by the Turkish team follows President Mugabe’s engagements at last year’s Africa-Turkey Summit in Equatorial Guinea.

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Zimbabwe is also set to play host to other high-powered business delegations from Europe and Asia later in 2015. The visiting Turkish delegation is expected to sign investment deals in infrastructure development, textiles and agriculture.

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Turkey is the one of the biggest textile manufacturers in the world and major investments are expected within the context of Zimbabwe’s cotton industry.

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In particular, there are hopes that the Turks will help revive David Whitehead Textiles.

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Head of delegation and secretary-general of the Confederation of Businessmen and Industries of Turkey (TUSKON), Mr Mehmet Oksuzoglu told The Sunday Mail yesterday that Zimbabwe was ripe for investment.

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“Zimbabwe is ready for investments and today we have brought several businessmen from various sectors of the Turkish economy. This country has a lot of potential and we all know that Zimbabweans are highly educated,” he said through an interpreter.

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He said Turkish investors were also interested in schools construction and housing in Harare.

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A director in the Ministry of Industry, Ms Flora Makombe, welcomed the delegation on behalf of Industry Minister Joey Bimha.

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“We are open for investment and we want to make sure that these investments will achieve our desired results in line with Zim-Asset,” she said.

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Zim-Asset is Zimbabwe’s economic blueprint for 2013 through to 2018.