Over­sub­scribed China busi­ness trip post­poned

Chronicle (Zimbabwe) - - Business Chronicle - Bianca Mlilo

THE Min­istry of Macro-Eco­nomic Plan­ning and In­vest­ment Pro­mo­tion has post­poned a busi­ness trip to China af­ter re­ceiv­ing an over­whelm­ing re­sponse from all prov­inces.

The trip has been pushed from July to early Septem­ber.

In Bulawayo, Min­is­ter of State for Pro­vin­cial Af­fairs, Eu­nice Sandi Moyo’s of­fice had availed 15 slots for busi­ness peo­ple will­ing to travel to China only to re­ceive more than 100 ap­pli­ca­tions. The del­e­ga­tion is go­ing to sur­vey po­ten­tial in­vest­ment op­por­tu­ni­ties in China.

Macro-Eco­nomic Plan­ning and In­vest­ment Pro­mo­tion Min­is­ter, Dr Obert Mpofu, will lead the busi­ness del­e­ga­tion.

“The China del­e­ga­tion will now travel early next month (Septem­ber),” said an of­fi­cial who can­not be named due to pro­to­col.

The del­e­ga­tion will com­prise of­fi­cials from var­i­ous lo­cal au­thor­i­ties, pro­vin­cial min­is­ters, as well as mem­bers of the busi­ness fra­ter­nity.

The visit will pro­vide a plat­form for the min­is­ters, public and pri­vate sec­tor play­ers to in­ter­act and share ideas and ex­pe­ri­ences on Spe­cial Eco­nomic Zones. It will also pro­vide an op­por­tu­nity for busi­ness to busi­ness in­ter­face be­tween Qingdao com­pa­nies and their Zim­bab­wean coun­ter­parts.

Mean­while, the Min­istry of In­dus­try and Com­merce-led trade trip to South Africa has been post­poned to a yet-to-be ad­vised date.

The trip was post­poned due to tech­ni­cal­i­ties that need to be ad­dressed first be­fore leav­ing. It had ini­tially been slated for July 18-22, 2016. The Deputy Min­is­ter of In­dus­try and Com­merce, Chi­ratidzo Mabuwa, is ex­pected to lead the del­e­ga­tion that com­prises ex­ec­u­tives from the man­u­fac­tur­ing, min­ing, in­fra­struc­ture, tourism and ser­vices sec­tors.

“The trip to South Africa is still on but it was resched­uled due to health rea­sons af­ter I trav­elled ex­ces­sively. Also, I don’t have a coun­ter­part. The per­son who was sup­posed to host us was one of the may­oral can­di­dates (in the just-ended South African mu­nic­i­pal elec­tions),” said Min­is­ter Mabuwa.

The ob­jec­tives of the mis­sion will be to scout for joint ven­ture partnerships, credit lines as well as find mar­kets for Zim­bab­wean prod­ucts in South Africa.

South Africa is Zim­babwe’s ma­jor trade and in­vest­ment part­ner with the two coun­tries en­joy­ing cor­dial bi­lat­eral re­la­tions that date back to the prein­de­pen­dence pe­riod.

In June an­other trade del­e­ga­tion also led by Min­is­ter Mabuwa went to Ja­pan to ce­ment busi­ness and in­vest­ment re­la­tions. They also in­vited Ja­panese com­pa­nies to ex­plore busi­ness op­por­tu­ni­ties in Zim­babwe. — @Bian­caMlilo.

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