ZIMTRADE’s technical partnership with a Netherlands firm to boost horticultural production and exports is targeting 100 companies this year, amid indications that seven firms have benefitted from the initiative so far.
Local firms that befitted from the ZIMTRADE – Pum technical expertise initiative have so far recorded 10 percent increase in revenue both in the horticulture and leather sectors.
At the onset, the initiative was meant for the horticultural sector but has been extended to other sectors of the economy after realising good results.
ZIMTRADE Board Chairman, Mr Lance Jena said the programme has worked wonders in the transformation of the horticultural sector and signs are already there for companies in the leather industry that they are expanding their operations.
Netherlands Ambassador to Zimbabwe, Ms Gera Sneller said the nation has vast entrepreneurial skills which are key for economic transformation.
The Permanent Secretary in the Ministry of Macro-Economic Planning and Investment Promotion, Dr Judith Kateera said the programme is set to enhance productivity and competitiveness through the provision of technical assistance which is in response to government’s thrust of trying to restore productivity and efficiency in the economy.
ZIMTRADE and Pum signed a Memorandum of Understanding in April last year to provide technical interventions to the horticultural sector, focusing on enhancing productivity and export competitiveness.
So far more than 40 farms have been visited by horticultural experts from Netherlands with the objective of increasing production and export of peas into the European market.