General Electric among five shortlisted by RioZim

General Electric among five shortlisted by RioZim
Published: 20 April 2018
New York Stock Exchange (NYSE) listed conglomerate, General Electric, is among five foreign investors that diversified Zimbabwe Stock Exchange (ZSE) listed miner RioZim hasshort-listed to develop its $1,5 billion Sengwa thermal power project, Business Weekly can reveal.

GE and four other suitors, among them an unnamed Chinese company, have reportedly since been furnished with a bankable feasibility study, which they are evaluating within a 90-day period and thereafter submit proposals on the project.

GE is incorporated in New York and headquartered in Boston, Massachusetts.

As of 2018, the company operated through a number of segments that included aviation, healthcare, power, renewable energy, digital, additive manufacturing, venture capital and finance, lighting, transport, and oil and gas.
- Business Weekly
Tags: GE, RioZim,


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