Chinese firm signs pact with govt

A Chinese multinational information technology firm, the Inspur group on Tuesday signed an agreement with the Zimbabwe government which will pave way for establishment of a joint venture computer manufacturing company in the country.

Chief secretary to the President and Cabinet Misheck Sibanda signed on behalf of the Zimbabwe government while Inspur group president Sun Pishu signed for his company.

The company will manufacture 50,000 computers per annum.

“The government of Zimbabwe and the office of the President and Cabinet in particular, profoundly appreciates this development and level of cooperation between the two parties,” said Sibanda.

Speaking at the same event, Inspur president Sun said his company wanted to play its part in reviving the Zimbabwean economy.

“Inspur wants to provide technology to better serve Zimbabwe and the people of Zimbabwe,” he said.

It is anticipated that the company would create employment for local ICT graduates and stimulate Zimbabwe’s economic recovery while also resulting in establishment of downstream industries.

The deal would also result in the development of a National Information Data Centre, a high performance computer system, a high tech park, an e-taxation project, an e-immigration project and an e-education project.

Inspur is headquartered in Jinan, Shandong, China and its business activities include server manufacturing and software development. The company, which also acts as an outsourcing recipient for both the United States and Japan, has three publicly listed subsidiaries namely Inspur Information, Inspur Software and Inspur International. – New Ziana

 

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