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A DELEGATION comprising government officials and business people is expected to leave the country for Beijing, China this week to attend the Zim-China Investment Summit, which will run from April 28 to April 30.

The summit is an opportunity to attract foreign investment into all sectors of the economy.

In an interview, Zim-China Investment Summit Event Co-ordinator Raymond Nyamuranga said the event is an opportunity for Zimbabwe engage potential investors as well as getting first hand knowledge on economic development from a developed country.

“The main objective of the summit is to lure investors to our country so that they can inject much needed Foreign Direct Investment into the mining, energy, education, health, infrastructure development, agriculture, water reticulation sectors,” he said.

The investment conference will be running under the theme “Accelerated Implementation of Zim-Asset”.

“Zimbabwe has a potential to regain its bread basket status through partnering with potential investors but this can be only be achieved through participating in international events and by showcasing potential areas of investment to investors who aren’t familiar with the country,” he said.

Nyamuranga said speakers will include Minister of Mines Walter Chidhakwa, officials from the Zimbabwe Investment Authority and the National Indigenisation and Economic Empowerment Board as well as the director of Pote city and former chief executive of Air Zimbabwe Xavier Kadhani.

“The agriculture sector has the potential to attract investors with vast investment opportunities in sugarcane farming, beef production, tobacco and manufacturing of cigarettes.

“In the mining sector, which has been the back bone of the economy, there are opportunities in diamond cutting and polishing where various indigenous players are seeking Chinese partners,” he said. — BH24