‘ZIDA secures nearly US$10 billion investment’

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THE Zimbabwe Investment Development Agency (Zida) outperformed itself as it secured nearly US$10 billion in projected investment last year.

Zida is the country’s investment promotion agency responsible for promoting and facilitating domestic and foreign investment in the country.

In its 2023 annual report made available recently, the agency said it had issued 615 new licences with projected investment value of US$9.669 billion and renewed 415 licences worth a projected US$1.2 billion.

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