Zimbabwe will in the next few weeks receive the first batch of 1 500 tractors from Belarus to boost production in the agricultural industry value chain.
The tractors are being made available following a deal struck between the two countries earlier this year, with a local state owned financier Agribank being mandated to oversee the loan facility for the tractors.
While modalities of the loan structures are being finalised, The Deputy Minister Of Lands, Agriculture, Water, Climate And Rural Resettlement, Cde Douglas Karoro confirmed the transaction is almost complete.
“Indeed the first batch will soon be available in the country, it is part of a deal struck between the two countries earlier this year and we are confident it will go a long way in facilitating revival of farming activities,” he said.
The government is also concerned about the need to make use of underutilised land so as to revive production in the crop and livestock sector. “We are not happy that most of the land is still under utilised but it is our hope that in the short to long term all will be addressed,” added Cde Karoro.
Increased availability of tractors is among other factors expected to unlock value in the manufacturing industry that is currently experiencing subdued production due to limited local agricultural inputs or raw materials.