Economic Planning and Investment Promotion minister Simon Khaya Moyo yesterday said the government will soon introduce several measures aimed at improving the country’s international competitiveness and attract foreign direct investment.
BY SILENCE CHARUMBIRA
Addressing officials from his ministry, parastatal heads from the Zimbabwe National Statistics Agency, Zimbabwe Economic Policy Analysis and Research Unit and Zimbabwe Investment Promotion, Khaya Moyo said it was time the country started attracting foreign investment.
“According to many economists, our growth potential could be boosted by strong policy coherence, improved business climate and overall improvement in the way we deal with international investors,” he said.
“Against this background, the country is in the process of implementing measures to improve the investment climate in order to attract more foreign direct investment inflows.”
Khaya Moyo said the ministry’s activities were all-encompassing and would take into account different sectors of the economy including agriculture which has been failing to perform well since the chaotic land reform programme over a decade ago.
