ZIDA facilitates investments into medicinal cannabis cultivation, processing and value addition. The investments are regarded as special investments into Zimbabwe. The government of Zimbabwe offers monetary and fiscal incentives to ensure that the sector is competitive regionally and globally. To this end, Zimbabwe has a framework called Investment Stability Agreement (ISA), which ensures clear guarantees to facilitate investments into this sector
The country is endowed with over forty minerals including gold, Platinum Group Metals (PGMs), diamonds, coal, gemstones, granite, manganese, chrome, lithium, asbestos, iron ore, copper, nickel, cobalt, limestone, coal-bed methane (CBM) and rare earth minerals.
Tourism in Zimbabwe is anchored on abundant natural resources such as wildlife and scenery. Zimbabwe is endowed with vast tourist attractions ranging from natural to man-made historical sites. These include the Majestic Victoria Falls, Mana Pools National Park (both UNESCO World Heritage Sites); Lake Kariba; Great Zimbabwe Medieval Place; the scenic beauty of the Eastern Highlands; Matopos (a Cultural World Heritage Site) and the pristine habitats and wildlife (Great Limpopo Transfrontier park, Hwange National park, Malilangwe Wildlife Reserve).
The major key enabler in realising sustained economic growth is electricity supply. In order to achieve the objective of powering the economy towards sustained economic growth, the existing generation capacity will be optimally utilised through upgrading, rehabilitation and maintenance. Although the installed capacity is 2 300 MW, the actual power generation capacity is about 1400 MW against a peak demand of about 1700MW, and winter peak maximum demand of about 2200MW thus, creating a shortfall of about 1000 MW during peak periods. Overall dependency on hydro power amidst effects of climatic change is exerting more burden on current electricity supply. The reliance on power imports on the backdrop of regional shortages is also not sustainable. In order to support the 5% projected average economic growth rate, the objective is to increase power supply from the current installed capacity of 2317MW to 3467 MW by the year 2025 and construction of additional 280km of transmission and distribution network by 2025.
Focus on addressing the country’s infrastructure gap remains central for sustaining growth and delivering adequate public services in the context of an evolving global landscape. Government has maintained momentum on infrastructure projects implementation by mobilising requisite resources from both domestic and external sources. Priority will be to maintain and repair current assets, complete ongoing and stalled projects whilst also capacitating public entities involved in infrastructure delivery to effectively and efficiently manage the assets.
The agriculture sector has potential to drive pro-poor economic growth and sustainable development. Key to unlocking the potential is resolving the security of tenure on the land and creating conducive conditions for bankability of agricultural projects. Access to agriculture finance remains key in unlocking the full potential of agriculture and strengthening the food supply system through facilitating the adoption of improved crop varieties and livestock breeds as well as the purchase of other inputs. The agricultural sector’s share of commercial lending has been gradually declining due to the inherent risk of agricultural production, lack of collateral among 70 smallholder farmers, high transaction costs and limited affordable lines of credit in the country.
The implementation of PPPs in Zimbabwe is governed/ regulated by the Zimbabwe Investment and Development Agency Act.
Special Economic Zones