Zimbabwe increased foreign direct investment nearly eightfold in four years to $387m in 2011, up from just $51.6m in 2008, according to World Bank statistics, a South African newspaper reported today. FDI is reported to have grown to $450m last year. “The attraction of Zimbabwe right now is that there is likely a huge upside once the political situation stabilises. This obviously attracts those investors who are positive about Zimbabwe going forward,” the paper quoted an economist as saying.
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