Look- who is investing in Zimbabwe!


0

China remained the biggest investor in Zimbabwe in the first five months of this year. But forget the politics. Zimbabwe’s so-called principal enemies, Britain and the United States, were both in the top 10.

Figures released by the Zimbabwe Investment Authority showed that projects from China approved by ZIA between January and May totalled $100.3 million. The bulk of the investments, $81.3 million, were in manufacturing.

Other Chinese investments approved were: $16.2 million in mining, $2.5 million in services and $402 000 in tourism.

Chinese investment accounted for 82 percent of the $134.1 million worth of projects approved.

Mauritius was in second place with $11.1 million, the bulk, $9.3 million in mining, and the balance, $1.8 million in services.

South Africa was also interested in mining with $7.2 million and $615 000 in services.

Britain was in fourth place with investments in services, mining and manufacturing. Total approved projects were worth $3 million.

Israel was in fifth place, with all projects in mining.

The United States was placed eighth out of the 18 countries whose projects were approved.

(19 VIEWS)

Don't be shellfish... Please SHARETweet about this on Twitter
Twitter
Share on Facebook
Facebook
Share on LinkedIn
Linkedin
Email this to someone
email
Print this page
Print

Like it? Share with your friends!

0
Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

0 Comments

Your email address will not be published. Required fields are marked *