Business Weekly (Zimbabwe)

Singaporea­n firm to put up 200MW solar power plant

- Business Writer

SINGAPORE- BASED company, AF Power Pte Ltd, is working on investing in a 200MW solar power plant in the country, according to a joint press release by the company and the Zimbabwe Investment and Developmen­t Agency ( ZIDA).

AF Power is an Independen­t Power Producer based in Singapore with group companies also involved in agricultur­e, mining, and oil and gas exploratio­n in Africa.

The first phase of the solar power plant project will see AF Power invest in a 50MW Solar Plant in Umguza Bulawayo by 2022.

Constructi­on is expected to begin before the end of this year, according to Jonathan Chalk, AF Power’s Business Developmen­t Executive and the Country head of Zimbabwe.

There is, however, commitment by AF Power to invest in a total 200MW of solar power over the next three years, reads part of the statement released on Wednesday.

Away from the power project, Chalk said AF Power is also facilitati­ng a virtual workshop between ZIDA and the Republic of Zimbabwe and the Singapore Cooperatio­n Enterprise ( SCE).

The workshop is aimed at sharing Singapore’s experience in investment promotion, economic zone developmen­t and operations with ZIDA and the Republic of Zimbabwe, he said.

“The Singapore Cooperatio­n Enterprise ( SCE) is an agency formed by the Ministry of Trade and Industry and the Ministry of Foreign Affairs of Singapore to respond effectivel­y to the many foreign requests and to tap on Singapore’s developmen­t experience.

‘ SCE’s primary role is to serve as the focal point of access for foreign parties interested in adopting Singapore’s public sector expertise for their developmen­t journey,’ said Chalk in a speech at the signing of a cooperatio­n agreement between SCE and ZIDA.

The cooperatio­n agreement was described by ZIDA CEO Douglas Munatsi as a “historic day” and an “apprentice­ship with the best in the game”.

The collaborat­ion between SCE and ZIDA is expected to result in sharing experience in investment promotion, special economic zone developmen­t, and capacity building.

“SCE aims to be the key vehicle for exporting Singapore’s public sector expertise and to ensure that requests for Singapore’s public sector expertise are met with the highest standards,” Chalk said.

He added that SCE works closely with Singapore’s 15 Ministries and over 60 Statutory Boards to customise solutions for its foreign partners.

Newspapers in English

Newspapers from Zimbabwe