25 October 2014
   
New Zimbabwe Header
Tsvangirai can be evicted, Charamba
Prophet Magaya 'usher’ in prison suicide
Manage Grace-Mujuru storm: Mugabe
Bid to oust Sibanda over Grace snub
VP has own cabinet, politburo: Oppah
Devolution: MDC Renewal Team strikes
Gweru council workers last paid in July
67 year old man rapes granddaughter 16
MORE NEWS
Chinese diamond mine fails to pay wages
Restore confidence, IMF tells govt
MORE BUSINESS
Fast and Furious star slams gay claims
TKay Maidza blows hot in Australia
MORE SHOWBIZ
Leaders Dynamos take on Chapungu
Win against ZPC Kariba crucial, Mapeza
MORE SPORTS
Makanaka: Mazara ignorance and an apology
Ebola scourge: Wake up call for Africa
MORE OPINION
 
Libya: The tragedy of western intervention
Ministers: Technical competence or political value
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