1 October 2014
   
New Zimbabwe Header
MDC-T polls: Chamisa bags six provinces
Chenjerai Hove blasts Grace PhD award
Ministers sue Mliswa, Newsday for US$80m
Politburo on Gono: The law is the law
Herald dividing Zanu PF, Mugabe
Zimpapers chief executive Mutasa fired
RBZ alarm as bad loans hit 90 percent
No revival for dead Byo firms, minister
MORE NEWS
Zimpapers slumps to $1.4m loss
China-owned Zimasco to retrench 370
MORE BUSINESS
Newcastle Utd star ditches Zim mistress
Nando's staffer crashes out of UK X Factor
MORE SHOWBIZ
Kaindu quits Highlanders
$50,000 for 2014 Mbada Cup winners
MORE SPORTS
Zimbabwe: Waiting for the Future
Zimbabwe needs protests AND BRAINS
MORE OPINION
 
ZANU PF succession process and practice (1)
Succession and the new Constitution
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