The government says it is committed to working with local companies to reduce the cost of production and increase exports.
This was said by Vice President Retired General Constantino Chiwenga after touring a local cooking oil manufacturing company in Chitungwiza.
The manufacturing industry has for long been affected by high production costs due to the importation of raw materials.
After touring Surface Wilmer, a cooking oil manufacturing plant in Chitungwiza, Vice President Chiwenga said the government will put in place measures that reduce production costs for the industry.
“This tour has given me an opportunity to appreciate some of the challenges faced by the industry. On our side [as the government], we are putting in place measures to capacitate the initial stages of agricultural production through input subsidies and this will translate to reduced production costs for the industry and eventually low prices of goods for the benefit of the consumer,” he said.
Chairperson of Surface Wilmer, Mr Narottam Sonani called on the government to subsidise farmers to reduce production costs, arguing that increasing the selling price of maize is not sustainable.
The Vice President was accompanied by ministers in the production chain that include Chief Air Marshal Perrance Shiri (Lands, Agriculture and Rural Resettlement), Dr Mike Bimha (Industry, Commerce and Enterprise Development) and Cde Patrick Chinamasa (Finance and Economic Development).
All stakeholders agreed on implementation of all policies that are aimed at promoting investment.