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Investment
opportunities in Zimbabwe
Elton Mangoma, Minister of
Economic Planning & Investment Promotion
March 30, 2009
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Introduction
The Zimbabwean
economy experienced an economic decline starting from the year 2000
to 2008. The economic decline was partly caused by international
isolation which emanated mainly from disagreements concerning how
the land reform programme was implemented. Resultantly following
the establishment of the inclusive Government, stimulating investment
was adopted as one of the strategies towards the restoration of
economic stability and growth. The objective is to increase investment
from the current level of 4% of GDP to about 25% of GDP.
Zimbabwe's
overall investment environment offers a market driven economy with
the following attributes:
- Abundant
natural resources;
- Well developed
infrastructure which only needs some maintenance;
- Access to
world and regional markets;
- Educated,
easily trainable labour force with at least four years of secondary
education, and
- Liberal labour
regulations based on collective bargaining.
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