2. • About ZIA - Mandate
• Overview of the Zimbabwe Economy
• Why Invest in Zimbabwe
• Investment Opportunities by Sector
• Concluding Remarks
SCOPE OF PRESENTATION
3. ZIA Mandate
Premier investment promotion
agency of Zimbabwe, and part of
Government
Position Zimbabwe as investment
destination choice
Promotes investment led
development
Brings together investor community
& the regulatory agencies
Champions investor related issues
To deal with applications for investment
Licenses
To promote, facilitate and coordinate
domestic and foreign investment in
Zimbabwe
To promote joint ventures between
domestic and foreign investors
To promote decentralization of investment
Policy Advisory Role: Advise the Minister
on investment policy & all matters relating
to investment in Zimbabwe so as to
enhance economic growth
4. Strategic Location of Zimbabwe
• Centrally located in the heart
of Southern Africa.
• A member state of SADC
(regional) and COMESA (largest
economic bloc in Africa)
COMESA Market Size:
•492.5 million people (UNCTAD
2016)
•GDP-US$ 657.4 billion (UNCTAD
2016)
5. % GDP composition 2015
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Structure of the Economy
(Sectoral Contribution to GDP %)
8. Foreign Exchange System
• No restriction on the amount of foreign currency
brought into the country ;
• Equity investment in cash or capital equipment ;
• 100% repatriation of disinvestment proceeds;
• 100% remittance of dividends;
• Operation of local foreign currency accounts (FCA);
• Borrowing from local financial system for working
capital purposes;
• Offshore borrowing permitted:
"Your Investment, Our Passion" 8
9. Why invest in Zimbabwe
• Centrally and strategically located in the SADC region which
provides a regional gateway (North-South Corridor) & access to
major regional markets of SADC/ COMESA;
• Diverse natural resource endowments;
• Strong human capital base – highest literacy rate in Africa above
90,7% (the African Economist, 2015);
• Friendly, hard working & peace loving people;
• Fully liberalized current account which facilitates ease of doing
business;
10. Why invest in Zimbabwe
• Pro-market trade and investment policies being implemented -
Ease of Doing Business Reforms;
• Government’s commitment to Bilateral Investment Promotion
& Protection Agreements (BIPPAs) and Multilateral Investment
Guarantee Agreements;
• Voted World Best Climate (International Living Magazine);
12. Agriculture
• Mainstay of the Zimbabwean economy;
• Excellent soils, water bodies and climate for perennial agriculture;
• Backward and forward linkages with the major sectors of manufacturing, tourism,
mining and service sectors.
• Opportunities Include:
• Primary Production of:
•food and cash crops, horticulture, livestock, Poultry farming, fishing and fish farming.
•Contract farming
• Value addition in the agriculture sector, for instance,
• meat processing, -fruit juice manufacturing,-export of horticulture and floriculture,
• processing of cotton lint, -sugar milling timber processing.
13. Mining
• Over 60 recognised minerals
• Areas of mineral concentrations –
– The Great Dyke,
– The Mashonaland Dolerite Dykes,
– Murowa and Chiadzwa Alluvial
Diamond Deposits,
– Sedimentary rocks scattered across
country
• The chief minerals are –
• Diamonds, gold, lithium, coal, copper,
nickel, tin, platinum, iron, chrome, clay &
others
• Investment Opportunities
• Prospecting, mining, and value addition
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14. Infrastructure Development
• Major opportunities
include:
– Transport (roads, bridges,
railways and airports)
– Communications (ICT
infrastructure)
– Water and sanitation
infrastructure
– Agriculture infrastructure
including dams and
irrigation schemes.
– Industrial parks and factory
shells
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Private sector is welcome to participate in the development
& provision of infrastructure on a public private partnership
(PPP basis)
15. Energy Sector
• SCOPE
– Abundant coal reserves
e.g. Hwange 300 million
tonnes, Sengwa 500
million tonnes, Save –
Runde 438,2 million tonnes
– Untapped coal-bed
methane reserves
– High solar radiation levels
• Investment Opportunities
– Coal Field Development &
Supply of Equipment i.e..
Dragline, Shovels dump
trucks, forklifts and spares,
coke oven batteries
– Gas Field exploration and
development,
– Power station construction
and accessory facilities,
17. Tourism Sector
• Joint venture investments in Hotel and
Catering industry, services and other
downstream related activities.
• Safari and tour operations of game
(The Big 5)
• Conservancies
• Eco-tourism- particularly high potential
area yet to be fully realised in Zimbabwe in
form of partnerships with local communities
(CAMPFIRE)
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18. Information & Communication Technology (ICT)
Scope
• High literacy rate (91%)
• High urbanisation ratio
and presence of
computer savvy youths
• High appetite for
technology
Opportunities
• Assembly and manufacture of ICT
devices and accessories (phones,
tablets, TVs etc)
• Contact /call centres
• Data capturing and data
processing centres
• Other BPO models
• Training centres
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19. Financial Services Sector
• Well established financial
architecture
• Strong regulators in place
for: banking, capital
markets, microfinance,
insurance and pensions
• Activity of international and
global banks
• Stable banking system
• Active stock market and
newly established
alternative market
Opportunities
• Recapitalization of existing banks
and insurance companies
• New banks
• Introduction of innovative financial
products
• Financial sector technology and
systems
• Payment systems gateways and
crossover platforms
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20. Concluding Remarks
• As our President, H. E. E D Mnangagwa has said,
Zimbabwe is Open for Business and we invite you to
take advantage of the investment opportunities across all
sectors in Zimbabwe;
• Government is committed to continue working on reforms
aimed at enhancing the country’s ease of doing business
environment and to support private sector-led economic
growth;
• As the country’s investment promotion agency (IPA),
Zimbabwe Investment Authority is available and ready to
facilitate your investment in Zimbabwe.
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