30 July 2014
   
New Zimbabwe Header
Mutasa needs bashing: Zanu PF MP
CIO agents grill Baba Jukwa suspect’s mom
Moyo to lead MDC Renewal SADC push
Nyarota fights back, defends media panel
Zim driver ‘unjustly’ rots in Zambia jail
MDC-T ‘sodomy’ councillor acquitted
Mohadi in dramatic graft agency U-turn
Colonialism no excuse for Africa grief, Obama
MORE NEWS
Govt cleans up mining sector mess
Zim China’s favourite African country?
MORE BUSINESS
Rapper Shastro turns US ‘refugee’?
Maskiri’s Obert Mpofu jest line muted
MORE SHOWBIZ
Crocked Nkhatha in surprise recovery
Barcelona coaches in Zimbabwe
MORE SPORTS
Please let’s stop the carnage on our roads
Zim: A model of how to waste opportunity
MORE OPINION
 
Tsvangirai fails to inspire in London
ZimRights, was that really your opinion?
MORE COLUMNISTS
 
 
Biti seeks China infrastructure help
24/02/2013 00:00:00
by Staff Reporter
 
China assistance ... Tendai Biti
 
RELATED STORIES
$200m road upgrade done by year end

FINANCE Minister Tendai Biti said Friday that China was likely to bankroll several key projects as country looks to rehabilitate its infrastructure after years of neglect.

Speaking to journalists after a meeting Chinese Commerce Minister Chen Deming an optimistic Biti said: "We discussed on how China can assist in capital investments in Zimbabwe, road, transportation, water and power stations. I must say we had a very fruitful discussion,” he said.

"We can see some serious things materialising in the next few weeks.”

Biti said projects likely to be funded by China include the Kariba South Hydro- project, Hwange, the Zambezi river water project as well as Information Communication Technology and the transport sector.

"The discussions are on- going," he said.

Key infrastructure such as the country’s roads as well as water and sewage systems in most towns and cities fell into disrepair due to neglect over the last decade as the country battled serious economic crisis.

Chen Deming also described the meeting as crucial for the economic exchanges between the two countries.

"We had very good exchanges on infrastructure projects in Zimbabwe as well as ways to expand the Zimbabwean trade to China and also with key projects going forward," he said.

He however distanced China from funding Zimbabwe's elections.

"All your Ministers as well as your Acting President they all told me that Zimbabwe is one country, a united country and general elections might be an important political agenda for you.

"It's a domestic thing to do," said Chen Deming.


Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark
 
 
 
comments powered by Disqus
 
RSS NewsTicker