A delegation of German investors is in the country to seek business opportunities in energy saving projects as well as in Information Communication Technologies.
Last month, a delegation of Germany parliamentarians, was in the country for business investment opportunities. In an interview with NewZimbabwe.com in Harare, head of the private investment team, Jutta Peinze who is the marketing director for Sengled Europe, said they are studying the country’s tax regime with a “keen” interest in setting up businesses in Zimbabwe.
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If satisfied with the business environment, Peinze said they have in mind some multi-million investment plans in energy saving digital projects. She said:
We have a wide range of products which we want to invent in Zimbabwe most of which promote the smart use of energy in homes, industries, private and public institutions also through the use of modern technologies. An example is the exciting project of energy-efficient LED with a wireless HD camera which can be used to light up homes, garden, garage or hallway and other industrial sites to enhance security.