Zimbabwe’s opening up on foreign investment is a positive move towards economic resurgence.
This was said by Professor Lingyu Li from East China University of Political Science and Law.
As part of his government’s drive to revive the country’s economy, President Emmerson Mnangagwa has opened up the economy to foreign investors.
Speaking on the sidelines of a presentation on sustainable development in Africa, achievements and challenges in Jinhua, China, Professor Lingyu Li said for Zimbabwe to achieve a robust economic growth, foreign capital and investment as well as industrial infrastructure development are key factors.
In recent years, Zimbabwe missed many investment opportunities; however, the open for business mantra has already started to re-integrate the country into the global economy.