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Zanu Pf Spokesperson a former Presidential Advisor , Ambassador to China and former minister in Government Christopher Mutsvangwa has asserted that China is the country’s all-weather friend whose firms have made a huge impact in Zimbabwe supporting Minister Of Mines Winston Chitandos usd$12 billion mining economy by next year with investments in mining, steel manufacturing and agriculture among other sectors.
Mutsvangwa was quoted speaking to the media on the sidelines of the Chinese-Zimbabwe Investment Conference held in Harare last Monday.
The Zanu Pf Spokesperson was elated to confirm Minister Chitando’s 12 billion dollar economy to contribute immensely to President Emmerson Mnangagwa’s middle income economy by 2030.”The US$1 billion Manhize Dinson Iron and Steel Company, which is set to be the biggest in Africa upon completion, is expected to see Zimbabwe become a continental hub of steel production,”bellowed Mutsvangwa.
“Look at the arrival of Chinese companies in the country. They are now making Zimbabwe realise the full value of its mineral endowments in the lithium sector and other minerals,” he said.
The former Zimbabwean envoy to China, Ambassador Mutsvangwa added that more Chinese investment in Zimbabwe will help unlock the full economic value of the nation, whose development is hinged upon key sectors such as mining.
The country has witnessed several Chinese investments in various sectors of the economy which have transformed people’s lives.Mutsvangwa noted how the influx of Chinese firms is unlocking the country’s economic value.
The country’s former top envoy brushed aside assertions that Zimbabwe’s relationship with China is uneven, saying it is a Western narrative meant to despise huge Chinese investments globally.
“China has been a great friend to Zimbabwe and the economy has been given a lift by China due to our close relationship. There is no way one can say we are being robbed of our resources judging by the immense projects which are being carried out by the Chinese,” he said.
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