industrial.jpgThe Zimbabwe Investment Authority (ZIA) has embarked on a research framework to establish the number of projects which are being implemented out of 120 investment projects approved last year.

 

The authority last year, approved 120 investment projects with almost 60 of the projects at various stages of implementation and research is underway to ascertain the actual number of investment projects on the ground.

ZIA Chief Executive Officer Mr. Richard Mubaiwa said projects are at various levels of implementation, though a number of challenges are adversely affecting progress.

“We are currently conducting research to establish the actual investment projects that took off and also ascertain which sectors are operating,” said Mr Mubaiwa.

The Zimbabwe Investment Authority was instituted specifically to handle interests of foreign investors and it is working on a process to come up with a One Stop Investment Centre which is critical in speeding up investment processes.