Zimbabwe: Zimbabwe Benefits From Japan's Investment Promotion Centre

HARARE, July (Sibexnews) --Zimbabwe is among seven African countries benefiting from an investment promotion centre established by Japan to improve trade with Asia.

The United Nations Industrial Development Organisation Asia-Africa Investment Technology Promotion Centre (UNIDO-AAITPC) has been initiated and funded by the government of Japan.

A lot of work has already been done by AAITPC to enhance trade between Asia and Zimbabwe.

Dato Jegathesan, head of an 11-member Malaysian delegation visiting Zimbabwe told guests at a dinner hosted by the Metropolitan Bank in honour of his mission that Zimbabwe will become part of the initiative next year.

The centre has however, started encouraging business delegations to visit Zimbabwe and made contacts with the United Trans Africa Services (UTAS Asia). TAS Asia was formed to boost trade between Zimbabwe and the rest of Asia.

"We (UNIDO-AAITPC) are doing two countries every year and Zimbabwe would be coming in 2003," said Dato Jegathesan who is also a founder member of the Zimbabwe Investment Centre and advisor to the Reserve Bank of Zimbabwe.

Source: SIBEXLINK