Vice President John Landa Nkomo has urged investors to take advantage of opportunities offered by the rapidly growing Zimbabwean economy.
Officially opening the Euromoney Zimbabwe Investment Conference in the capital, VP Nkomo called upon investors to come to Zimbabwe as it is one of the fastest growing economies in Africa while having the lowest inflation rate in the region.
Zimbabwe is now ranked third among the fastest growing economies, falling behind Kenya and Tanzania.
â€œThe peaceful and tranquil conditions that Zimbabwe enjoys, buttressed by the skills base and abundance of natural resources, augur well for investment in mining, manufacturing, management, agribusiness, infrastructure, information communication technology and research, among a host of other economic activities. Also, we now have the lowest inflation rate in the region,â€ said Cde Nkomo.
Cde Nkomo told delegates that government is working tirelessly to improve the business environment as witnessed by the formation of the One Stop Shop Investment Centre.
He urged investors to accept the indigenisation policy since it promotes a win-win situation for economic partnerships thereby increasing political stability.
Speaking at the same occasion, Economic Planning and Investment Promotion Minister, Mr Tapiwa Mashakada said government is united on the issue of increasing investment inflows into the country since it is critical in sustaining economic growth.
The Zimbabwe Euromoney Investment Conference is a follow up to a similar one held last year and seeks to raise understanding about the Zimbabwean economy among international investors.
The conference, which has drawn local and foreign business leaders as well as government, ends this Thursday.