Zimbabwe invites Indian investment in infrastructure, mining
19 March 2012
Two Circles.net - March 18, 2012
New Delhi : Indian companies were Sunday invited to invest in various sectors in Zimbabwe, including infrastructure development, mining and diamond cutting and polishing.
"I invite the Indian business community to look at various opportunities in Zimbabwe including infrastructure development, communications (sector), mining and tourism," Zimbabwean Vice President Joice Mujuru said in her address to the eighth India-Africa Project Partnership Summit being held here March 18-20.
"I especially call upon Indian companies in diamond cutting and polishing to come to Zimbabwe. My country is estimated to have nearly 25 percent of the worlds diamond reserves."
According to Mujuru, the business communities from both sides should identify opportunities that can be taken forward for deepening of economic relations.
"I call upon the business communities from both the sides to identify opportunities that can be utilised for furthering economic collaboration between our countries as well as using the excellent political relations that we have," she said.
Meanwhile, Commerce and Industry Minister Anand Sharma called the deepening of ties between both the sides as a defining partnership of the 21st century.