Harare, Zimbabwe | Dr. Paul Tungwarara, Advisor to the President, has arrived in Zimbabwe with a group of investors from the Middle East.The delegation, led by renowned businessman Mr. Shaji Ul Mulk, touched down at Robert Mugabe International Airport, marking the beginning of a new chapter in Zimbabwe’s investment landscape.
The group is also expected to sign a number of Memorandum of Understanding (MoU) in a development that will benefit Zimbabwe in a number of areas.
Mr. Mulk revealed that this is just the beginning, hinting that more investors will be coming into the country. The group’s primary focus is on investing in crucial areas such as energy, with plans to manufacture solar panels in Zimbabwe. This move aligns perfectly with President Mnangagwa’s Economy Wide NDC on Climate Change, which emphasizes renewable energy projects.
The investment is expected to boost Zimbabwe’s energy sector, falling in line with the country’s Low Emission Development Strategy. The delegation is set to meet with President ED Mnangagwa and attend the highly anticipated Youth Empowerment Fund Launch in Harare on Thursday.
This development is a significant milestone for Zimbabwe, marking a new era of investment and cooperation with the Middle East. As the country continues to open its doors to international investors, the future looks bright for Zimbabwe’s economic growth and development.
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