Zim companies invited to attend Juba investment conference

Zim companies invited to attend Juba investment conference
Published: 16 September 2013
Zimbabwean companies have been invited to attend the South Sudan Investment Conference to be held in Juba on December 4 and 5 this year.

South Sudan acting charge d'affaires in Zimbabwe Mr Watts Nyirigwa told New Ziana that he had written to the Zimbabwe National Chamber of Commerce inviting them to attend the conference.

"This will be an opportunity to explore opportunities on the ground and decide on areas to invest in," he said.

Zimbabwean companies could invest in included oil exploration, mining, agriculture, health and infrastructure.

Mr Nyirigwa added that numerous opportunities existed in South Sudan as the country did not yet have any industries since it attained independence barely two years ago.

"South Sudan is not yet a cash economy. It does not have any industries and most of its products are imported from Kenya, Uganda and North Sudan," he said.

He said the South Sudan government had set aside an area just outside Juba for companies to establish plants to manufacture different products.

South Sudanese companies recently formed a Chamber of Commerce to spearhead the development of businesses in that country.

- New Ziana
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