investment1.jpgThe Zimbabwe Investment Authority (ZIA) has embarked on an exercise to establish the number of projects which are being implemented out of 120 investment projects approved last year.

  

ZIA Chief Executive Officer, Mr Richard Mubaiwa, said several 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 they are operating in,” said Mr Mubaiwa.

Last year, ZIA approved several investment projects both foreign and local for different sectors of the economy and the implementation of the projects has come under scrutiny by the investment authority.

ZIA was established specifically to advise and approve investment projects. 

It is working on a process to come up with a one stop investment centre which is critical in speeding up the investment process.