Masvingo’s $5,2 billion GDP potential
MASVINGO has the potential to achieve a $5,2 billion contribution to the Gross Domestic Product (GDP) by 2030 if available opportunities in the province are fully exploited, a Cabinet minister has said.
Addressing stakeholders during a provincial business conference at a local hotel on Monday, Higher and Tertiary Education, Science and Technology Development Minister Professor Amon Murwira said there was no way Masvingo could not be self-sufficient given the resources that the province has.
He said Government had secured capital for a fertiliser manufacturing plant in Chiredzi, which would produce at least 500 000 tonnes of ammonium nitrate per year.
“We have all the strategic minerals in Masvingo that, if utilised, will help in ensuring that we achieve a $5,2 billion GDP for the province by 2030,” said Prof Murwira.
“We must not use our coal for making fire only but to produce ammonium nitrate since there is hydro-carbon in the coal ore.
“We have a potential to produce 520 000 tonnes of fertiliser per year, yet the country only needs 320 000 tonnes. This means we would export the difference,” he said.
Prof Murwira said it was not wise for people to stampede for foreign currency at the Reserve Bank of Zimbabwe when they were not producing anything for export in return for the scarce foreign currency.
“I wonder why people would queue for foreign currency at the RBZ when they are not creating any foreign currency.
“We are supposed to start producing so that foreigners come with foreign currency to buy our products.
“We have quite a number of water bodies in Masvingo through which a greenbelt can be created.
“We should embark on massive irrigation from water in Manyuchi Dam in Mwenezi, Tugwi-Mukosi Dam in Chivi and Masvingo districts,” he said.
“We cannot use the water bodies for swimming only. Our Runde catchment is home to 2,5 million megalitres of running water while Save catchment, which also passes through our province, has 1,6 million megalitres of the precious liquid.
“This water can be utilised and turn our region into a food hub or food basket of the country.
“We can as well export water to dry neigbouring countries like Botswana. Minister of State, there is nothing that can stop us from constructing a pipeline from Runde to Botswana or South Africa.”
Speaking earlier, Minister of State for provincial affairs Ezra Chadzamira said he was optimistic that Masvingo was going to rise above the prevailing economic challenges and realise the 2030 vision of being an upper middle-class economy.
“To achieve the vision and manage the transition we are in, central government is putting in place a number of policies, key among them is the Transitional Stabilisation Programme,” said Minister Chadzamira.
He called on local businesses to be at the forefront in advocating for and implementing the Transitional Stabilisation Programme provisions.
He said the province would stand guided by the principles of inclusive planning, implementation and evaluation of projects and programmes.
The minister called for evidencebased decision making, heritage based and industrialisation growth as well as modernisation.
“We are engaging with the Government on the creation of Special Economic Zone with Tugwi-Mukosi Dam area and Masvingo City’s Industrial Park as top priority.
“The participation of those in the construction industry on the Beitbridge-Masvingo-HarareChirundu highway dualisation and other related projects also remain key to the province.