President Emmerson Mnangagwa said government is committed to further enhance the mining sector’s operating environment in order to spur more investments and appealed to players in the sector to have a unity of purpose in ensuring the realisation of the $12 billion mining industry by 2023.
The resurgence of the mining sector driven by increased investments and efforts by miners to ramp up production have raised hopes in the realisation of the country’s socio-economic aspirations and resource-led economic growth.
Addressing delegates when he officially opened the 2019 Zimbabwe Mining Conference, President Mnangagwa said the mining sector remains a vital cog in the realisation of vision 2030 and challenged the mining industry to ensure a coordinated approach towards the transformation of the sector into a $12 billion industry by 2023.
“This audacious and yet achievable vision will entail all stakeholders in the sector, working together in unity of purpose with clarity and determination,” he said.
The President who hailed the surge in mining sector investments assured investors that the country remains a safe investment destination and pledged his administration’s commitment to respond to mining sector concerns as well as creating a more conducive operating environment.
“As a listening government we will continue to be responsive to your views. Let me once again reassure you that my administration is committed to pursue the ongoing reforms,” President Mnangagwa said.
The mining industry applauded the government for the reform drive aimed at harnessing mining sector as a catalyst for socio-economic transformation.
According to President Mnangagwa, going forward there is need for the mining sector to closely cooperate with higher learning institutions towards increased exploration and promotion of linkages with other sectors such as manufacturing and agriculture, enhanced cooperation in beneficiation and harnessing of the regional competitive advantage.
The 2019 Zimbabwe Mining Conference which was held under the theme: “Realising Vision 2030 Through Resource Led Growth”, saw both government and the private sector agreeing on the importance of a shared vision in growing the mining sector.