China-Zimbabwe bonds bring fruitful developments in the country

Leafias Mazviro

China and Zimbabwe have maintained strong diplomatic ties, characterized by economic cooperation and mutual support.

Speaking during the commissioning of a 300 million Lithium Plant, Chinese ambassador to Zimbabwe Zhou Ding suggests that this relationship has recently led to developments.

At the Eighth Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC), Chinese President Xi Jinping put forward four proposals for building a China-Africa community with a shared future in the new era.

Founded upon the principle of sincerity, real results, affinity, and good faith, enhancing solidarity and mutual support, they have kept the focus on development cooperation which has culminated in the construction of high profile projects such as the National Pharmaceutical Ware house and the South Hydro Power Station to name a few.

Ambassador Zhou said these had made great contributions to Zimbabwe’s economy with the potential to create more in the near future.

“I am glad to see that under President Mnangagwa’s open for business policy, our cooperation in mining sector has enjoyed a good momentum.

“Chinese companies have made or pledged to make billions of USD investments in mining industry in Zimbabwe.

“Large scale investments include Dinson Iron and Steel Plant, Arcadia Lithium Mine, Bikita Lithium Mine and Sabi Star Lithium Mine.

“The precious minerals resources which have stayed idle for years will soon be utilized to bring great benefits to the people of Zimbabwe, and support Zimbabwe in reaching a 12 billion USD mining industry by 2023,” said Chinese Ambassador.

“We feel very proud of the contributions that china has made to Zimbabwe in the past years. The National Pharmaceutical Ware house, the High Performance Computing Center and the 1000 boreholes, the Expansion of Kariba South Hydro Power Station, the upgrading of Victoria Falls and RGM international Airport and NetOne Broadband network have improved the infrastructure in Zimbabwe and livelihood of the people here,” he added.

“More importantly, these companies have also vigorously implemented corporate social responsibilities through building roads, clinic, schools, and water supply facilities for local communities to improve the well-being of the Zimbabwe people.”

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