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Council for promoting South-South Cooperation delegation visited Zimbabwe

Chairman of the Council for promoting South-South Cooperation (CPSSC), Mr. LV Xinhua made a courtesy call to the acting president, Honorable Emmerson Mnangagwa in the afternoon of May 20. Chinese Ambassador to Zimbabwe Mr. LIN Lin, Economic and Commercial Councilor of Chinese Embassy to Zimbabwe Mr. LI Yaohui, Finance Minister Patrick Chinamasa, Energy and Power Development Minister Samuel Undenge, Industry and Commerce Minister Michael Bimha, Transportation and Infrastructural Development Minister Obert Mpofu, Mines and Mining Development Minister Walter Chidhakwa, Agriculture, Mechanisation and Irrigation Minister Joseph Made, Welfare Services for War Veterans, War Collaborators, Former Political Detainees and Restrictees Minister Christopher Mutavangwa, 18-member Chinese business delegation of CPSSC, and other Zimbabwean officials participated the courtesy call.

Mnangagwa welcomed the Chinese delegation on behalf of Zimbabwean Government, and briefly introduced the economic and social development of Zimbabwe, expressed the need for FDI, especially from China. Mr. LV appreciated the considerate arrangement for the delegation, and emphasized the need for Government to continue to improve the investment climate to retain the vast Chinese investment already in the country and attract more Chinese investment. Zimbabwean side took the feedback from Chinese side and would like to do more to improve investment climate.

The Chinese business delegation visited Zimbabwe from May 18 to 21, to scout for investment opportunities across a wide range of economic sectors including but not limited to mining, construction, pharmaceuticals and manufacturing. They made a courtesy call to the Chinese Embassy to Zimbabwe, held a seminar with the Chamber of Chinese Companies in Zimbabwe, investigated the Sunway City Integrated Park and participated in a workshop with Zimbabwean Government and Private Sectors, which gave the delegation some ideas on the investment climate and operation of Chinese Companies in Zimbabwe. They also formed some initial intension of investment based on the communication with Zimbabwean private sectors.

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