Mis-Match Between Industrial Land and Residential Stands Unsustainable: Zimbabwe President

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President Emmerson Mnangagwa postulated that appropriate land and infrastructure, as well as realistic fees and license charges, must advance the establishment of rural industry systems and the modernisation and industrialisation of Zimbabwe’s economy.

He said this during the official opening of the Mount Meru Millers Edible Oild Refinery Plant in Mashonaland East, yesterday.

“The provision of residential stands must be in sync with that of industrial land,” he said.

“The present mismatch is unsustainable and must be redressed to ensure decent work and employment opportunities for our people, where they live.”

The President also made a call for investors to continue coming into Harare.

“In line with our engagement and re-engagement efforts, we continue to call for investors to come and invest in Zimbabwe in all spheres of the economy, leveraging on the abundant natural resources endowments,” he said.

“My Government will continue to pursue the Ease of Doing Business reforms to attract more investments, forcing on the rural areas, in line with our developmental thrust of leaving no one and no place behind.”

“Investment is vital for economic growth and indeed, the nature and levels of Foreign Direct Investment witnessed since the advent of the Second Republic are unprecedented.”

Zimbabwe is currently facing a 1,5 million national housing backlog.

Experts blame rural to urban migration for the approximately 1.2 million people on the government’s national housing waiting list.

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