27 February 2015
   
New Zimbabwe Header
ZAPU to sue Econet over closed account
Ex-con gets 2 yrs for robbing former prison
Zimbos to blame for Mugabe misrule: MDC
Nanny gets 22 yrs for stuffing baby in drawer
Mugabe admits land reform blunder
Couple steals from hubby’s blind mum
I’m in charge, not Grace, says Mugabe
Khaya Moyo blasts dreamer Mutasa
MORE NEWS
Revenue collections 14pct behind target
MTN seeks opportunities in Zim
MORE BUSINESS
Baya’s 'The Taking' opens in Byo
‘Big-headed’ Soul Jah Love in trouble
MORE SHOWBIZ
Warriors Cosafa draw fair, Pasuwa
Pakistan's Shehzad cleared for Zim clash
MORE SPORTS
UK tyranny and Mugabe’s triumph
Jukwa: Re-engineering our politics
MORE OPINION
 
UK: the new drug driving offence
President Mugabe: The man or the myth?
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