zim china cooperation 05-06-11.jpgA Chinese firm has expressed interest in embarking on a joint venture with the Norton Town Council to set up an agricultural project which will likely see the country starting to export rice to China.

A Chinese delegation that toured Norton, Darwendale Dam and attended a cultural fair held at Dudley Hall Primary School in Norton, has expressed interest in setting up an agricultural joint venture with the town after seeing potential in unused land near the dam.

Speaking to ZBC News, Chinese Ambassador to Zimbabwe, Mr Xin Shungkang said a Chinese company, Jilin Dadongjia Investment wants to help Zimbabwe to utilise its resources to its full potential.

 

Ambassador Chris Mutsvangwa, who facilitated the coming of the Chinese delegation to Zimbabwe, said China’s food demand is increasing by day hence Zimbabwe will benefit immensely from such an investment.

chinese ambassador shunkang 05-06-11.jpgNorton Town Mayor, Mr Albert Zinyemba said his council has discussed with the Chinese and would want see something materialise.

Zimbabwe and China this year alone have sealed several agreements which are anticipated to boost the country’s economy.

China is the fastest growing economy in the world after the US.

 

It is expected to overtake the US by 2030.