Zim plans factories for 63 districts

ZIMBABWE plans to set up at least one factory in each of the country’s 63 districts as authorities attempt to improve standards of living for people in economically backward areas.

The recently launched Zimbabwe National Industrial Policy (ZNIDP), spanning 2019-2023, intends to promote decentralisation of industrialisation initiatives in line with devolution that recognises that the majority of Zimbabweans are domiciled in the rural areas.

“Government will promote industrialisation through provision of incentives and targeted financing, policy support and business development services for the establishment of micro, small, medium and large scale manufacturing industries in rural areas in line with available local resources.

This story is for NewsDay subscribers.