24 November 2014
   
New Zimbabwe Header
Solusi Uni seeks $3m for Chegutu campus
Mom locks up tot aged 4 mths, goes binging
Poorly economy hits Gweru Xmas cheer
Indigenisation: Sector limits ‘soon’
General accused of coup leaves Lesotho
Namibians set to pick new president
Dereck Chisora: 'I've earned £3.5m so far'
Mliswa's central committee bid blocked
MORE NEWS
Minerals ministers to craft policy paper
Fuel firms accused of profiteering
MORE BUSINESS
Six Zim filmmakers invited to the US
Zim play set for Durban premiere
MORE SHOWBIZ
ZPC Kariba blow title chance
ODIs: Bangaldesh beat Zim, lead 2-0
MORE SPORTS
Opposition should rise to the occasion
Robert Mugabe’s last laugh
MORE OPINION
 
Dr Grace: Substance behind sensationalism
Crisis Coalition: Time to think beyond
MORE COLUMNISTS
 
 
Biti seeks China infrastructure help
24/02/2013 00:00:00
by Staff Reporter
 
China assistance ... Tendai Biti
 
RELATED STORIES
Beitbridge Rd work stalls over court row
$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