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Foreign investors eye Zimbabwean horticulture

Finance minister Patrick Chinamasa has revealed that several foreign investors have expressed interest in investing in the country’s horticultural sector, adding that one prospective investor would be arriving soon to carry out due diligence checks.

Speaking at a Confederation of Zimbabwe Industries (CZI) breakfast meeting last Friday, Chinamasa said most of the prospective investors were from Badea, Kuwait, Dutch and Arab countries.

“We have $10 million and we can plough it. I have also been speaking to the Dutch. They asked me, ‘Do you banks have the capacity to give out the loans?’ The Dutch also said they want to support horticulture. Badea investors are coming to have a due diligence on financial institutions. It is important to put on lipstick to make yourselves attractive,” Chinamasa said.

Click here to read the complete article at www.newsday.co.zw.
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