REALISED FDI NEARS US$1 BILLION MARK

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THE Zimbabwe Investment and Development Agency (ZIDA) says actual investment inflows reached US$0,91 billion for 77 monitored projects with licenses issued between 2022 and 2024. The investment agency said the investments represent only nine percent of the total US$10,06 billion projected by investors initially. “Of note is that an outlier project with a projected investment of US$6,94 billion, constituting 69 percent of all projected investment, suspended its operations, citing an unfavourable climate investment,” ZIDA said in its latest report.

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