The Deputy Minister in the Ministry of Industry and Commerce Raj Modi said that an American company has expressed interest in investing in different sectors of the country’s economy.
Modi said this was revealed by the US Ambassador to Zimbabwe Mr Brian Nichols during a closed door meeting they had at Mhlahlandlela Government Complex in Bulawayo. Said Modi
I had a meeting with the US Ambassador and we discussed a number of issues including Zimbabwe’s economic recovery and how they can help us to empower our youths.
Regarding investment, the Ambassador said an American company called GE Hydro is planning to invest millions of dollars in Zimbabwe.
This is a welcome development and I assured them that the new Government is committed to the country’s economic recovery and we’re gradually working on it. It will not happen overnight.
… Ambassador Nichols said about $230 million has been set aside by his country for Zimbabwe for various sectors of the economy, which include health targeting the mitigation of cholera and HIV.
He said the American Embassy’s economic section is very busy with investors calling to inquire about investment opportunities in Zimbabwe.