Russians target setting up manufacturing plants

A RUSSIAN Federation business delegation is set to visit Zimbabwe on an investment mission, with the setting up of manufacturing plants in the country already under consideration.

The Rais (head) of the Republic of Tatarstan, Mr Rustam Minnikhanov, said this after meeting Vice President Dr Constantino Chiwenga at the Kazan Kremlin on the sidelines of the Phygital Games of the Future Kazan 2024 which were officially opened last night by Russian President Vladimir Putin.

In his speech, President Putin said his country has always welcomed the promotion of sports and its noble humanitarian value and the games were their gift to the sporting world.

VP Chiwenga was one of the international guests at the official opening ceremony. But before the games’ opening, VP Chiwenga engaged with Tatarstan authorities to pursue areas of cooperation for the mutual benefit of the two nations.

Tatarstan is a republic of the Russian Federation and is known for its high-tech and high-level manufacturing industry as well as a powerful agricultural sector.

President Mnangagwa has been on a drive to lure investment and the interest of the Russians to expand business with Zimbabwe shows that big global economic players are taking note of the developments in the country.

Mr Minnikhanov said there are possibilities for enhanced cooperation with Zimbabwe and is looking forward to getting the relationship going.

“Verysoonourdelegationwillcome and visit your country to work preliminarily on all of the issues and I am sure that the visit of this delegation will provide a strong impetus to advance relationswithTatarstanandtheRepublic of Zimbabwe within the Russian and Zimbabwean relations,” he said.

“We will form the business mission that will come and visit the Republic of Zimbabwe and I am sure that we can find areas where we can arrange something and utilise the potential of the enterprises.””

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