Zimbabwe is this month expected to host an International Business Expo with the aim of marketing the country as a safe and viable investment destination.
After realizing that several foreign investments that were approved in the past three years are failing to take shape in a move likely to hinder macro-economic targets, theÂ expo will be held to try and convince foreign investors that the country has favourable conditions.
Confederation of Zimbabwe Industries Chief Executive Officer, Mr. Clifford Sileya confirmed in an interview with ZBC News that key government ministries are also expected to engage the private sector on policies to boost foreign direct investments at the expo which will be held from 27 to 29 of this month.
â€œWe are hoping that several key external investors will attend the event for the benefit of the economy,â€ said Sileya.
Business delegations from other African countries, Europe, the Middle East and Asia are expected to attend the 3-day International Business Expo.
Government is targeting fresh investment opportunities to create jobs, and ensure that the projected annual gross domestic product rates of at least 7% are attained in the next five years.