Some business people from Western Australia have made commitments to visit Zimbabwe this August to explore possible areas of investment in the mining and energy sectors.
This follows an aggressive marketing campaign by the Zimbabwe is Open for Business Forum which is currently in Perth to woo prospective investors.
The Zimbabwean delegation which is in Perth, Australia, to market Zimbabwe as an investment destination, met with various prospective investors on their 2 day visit to the mining city.
Mines and Mining Development Minister Cde Winston Chitando who was part of the team put together by the Zimbabwe is Open for Business Forum said prospective investors were looking at investing an average of $5 million into the mining and energy sectors.
“We have had very successful meetings here. The people here are really keen to invest into the country, they have a huge appetite for investing in Zimbabwe. We are talking figures like $500 million,” said Nr Chitando.
Zimbabwe is Open for Business Forum Chief Executive Officer, Mr Nqobile Magwizi said the visit to Perth has made them realise the need to establish a platform where prospective investors can easily access information on the available opportunities in Zimbabwe.
“We see now that there’s need for us to have a framework which will ensure that people in whatever area can know what we have to offer,”said Mr Magwizi.
A Zimbabwean business executive based in Australia, Mr Moses Panashe said conferences such as the one hosted by the Zimbabwe is Open for Business Forum provide a good platform to market the country.
“This is a fantastic way to market the country, we really need this as a country right now,” he said.
A similar conference is expected to be held in China, as the country continues to aggressively work on attracting investors.