28 February 2017
   
New Zimbabwe Header
Cyclone havoc: $80m needed for roads
Get pregnant, Chiefs head to Senators
Pupils go hungry at Mugabe bash
Tension as minister’s wives face to face
Tanzania backs out of gays list plan
Civil servants to down tools as talks flop
EU injects $5m into democracy projects
Mushohwe: Nkosana Moyo 'spineless'
MORE NEWS
Barclays FY PAT more than doubles
OPEC avails $7 million loan for SMEs
MORE BUSINESS
‘Smuggler’ Tich Mataz's case postponed
Zimdancehall star bemoans vulgar lyrics
MORE SHOWBIZ
Fifa boss: Zim trip was not about Caf politics
Charity Shield: Caps beat Dynamos 3-1
MORE SPORTS
Mugabe@93: A Nigerian journo’s view
Apathy: a disease that needs curing
MORE OPINION
 
Zim’s problems more political than spiritual
UK immigration: Tips for spouse visa
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