The business community has embarked on drive to complement government’s efforts towards attracting foreign direct investment (FDI) inflows to facilitate a full swing recovery of the economy.
The private sector is impressed with the new government’s policies that have so far attracted FDIs worth $11 billion.
It emerged at the Zimbabwe National Chamber of Commerce (ZNCC) Mashonaland awards presentation in the capital.
The business community can also play an important role in identifying viable portfolios for local and external investors.
ZNCC president Dr Divine Ndhlukula told guests at the ceremony, the private sector’s involvement in investment attraction is important in shaping business friendly policies for the nation.
“We all want investment so let’s take the leeway in attracting the much needed investments that can facilitate growth of this economy in the future,” she said.
Government needs business and it is the role of captains of industry and commerce to also lead in investor policies, said the deputy Minister of Finance Honourable Terrence Mukupe.
“All we want to tell you the business community is that we cannot do it alone we also really yearn for your help in the future,” said Honourable Mukupe.
In the past few years Zimbabwe has been attracting annual FDIs worth an average of $500 million yet the country’s regional or neighbouring economies registered FDIs worth at least $2.5 billion per year.