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        Africa  

        Zimbabwe embraces ample cooperation opportunities following Mnangagwa's trip to China

        Source: Xinhua   2018-04-10 01:06:05

        By Zhang Yuliang, Gretinah Machingura

        HARARE, April 9 (Xinhua) -- Zimbabwean President Emmerson Mnangagwa concluded his five-day state visit to China last Friday, giving substantial impetus to future cooperation between the two nations.

        The trip was Mnangagwa's first outside Africa since taking over from former leader Robert Mugabe last November, and resulted in the two countries deepening political and economic ties.

        During the visit, Chinese President Xi Jinping and and his counterpart Mnangagwa agreed to establish comprehensive strategic partnership of cooperation between the two countries.

        Xi said the Zimbabwean people have started a new journey in building their country since Mnangagwa took office last November.

        "As a good friend, partner and brother of Zimbabwe, we are glad to see that," Xi told Mnangagwa.

        When meeting with Mnangagwa, Chinese Premier Li Keqiang said Zimbabwe is an important partner of China in Africa and China will continue to uphold the principles of sincerity, friendship and equality, and bring new vitality to the traditional friendship between China and Zimbabwe.

        China is ready to work with Zimbabwe to give full play to the complementary advantages of both economies, innovate cooperation methods and deepen cooperation in infrastructure construction, agriculture, production capacity and human resources, said Premier Li.

        On the economic front, China and Zimbabwe managed to strike deals worth billions of U.S. dollars for implementation of various infrastructure development projects in energy, water, transport, tourism and telecommunications, among other sectors, Chinese economic and commercial counsellor to Zimbabwe Li Yaohui told Xinhua.

        The two countries also signed numerous agreements to advance economic cooperation, skills development, education and other facets of the economy, the counsellor said.

        Among major deals Zimbabwe finalized with China is the expansion of Hwange Thermal Power Station by 600 megawatts by China's Sinohydro.

        Funds for the 1 billion U.S. dollars project, which has been in pipeline for some years now, are expected to be released immediately, the counsellor said.

        With this latest deal, China is emerging as the top investor in Zimbabwe's energy sector after the government, two weeks ago, commissioned another Chinese-built-and-funded power expansion project at Kariba South Hydro Power Station.

        The expansion project, which added two 150-megawatt units to the power plant, was also done by Sinohydro at a cost of 533 million dollars.

        The expansion lifted Kariba's installed capacity from 750 MW to 1,050 MW, making it currently the country's biggest power plant.

        The completion of Kariba expansion and implementation of the vast Hwange Thermal Power project will greatly boost Zimbabwe's power supplies and help the country, which faces perennial power shortages, be energy self-sufficient.

        Li Yaohui said that other mega projects sealed by Mnangagwa in China are for the expansion of Harare Robert Mugabe International Airport, construction of a new parliament building, network expansion for Zimbabwe state-owned mobile firm NetOne, refurbishment of Harare's water treatment plant and construction of a pharmaceutical warehouse, among others.

        The two countries also signed a tourism memorandum of understanding and an economic and technological cooperation agreement.

        During his stay in China, Mnangagwa also visited Anhui and Zhejiang and met with the political leadership and business communities from the two provinces, Li Yaohui said.

        Mnangagwa, who was accompanied by several cabinet ministers and business leaders, said a lot of achievements were made from the state visit. He described the China trip as historic and a resounding success.

        "Today, I conclude my first historic visit which will help bring further crucial momentum to our economy. We had many fruitful discussions with political and business leaders in China, including President Xi Jinping, and secured a host of deals which will make a real difference to the lives of Zimbabweans," he said in a Facebook post at the end of his visit last Friday.

        "They will focus on road, rail, air and dam construction projects..." he said.

        In its editorial comment Monday, the state-controlled Herald newspaper said Zimbabwe-China ties had hit a new high following Mnangagwa's visit.

        "Major milestones were reached during President Mnangagwa's meeting with Chinese officials. What is most important is that relations between Zimbabwe and China were elevated to comprehensive strategic status, a move that is set to change the bilateral cooperation between the two nations," the newspaper said.

        Another major milestone that came out of the Beijing visit was the incorporation of Zimbabwe into the Belt and Road Initiative where Zimbabwe stands to reap huge benefits by being part of the select group of countries that China is dealing with under the initiative, the paper added.

        "Zimbabweans should celebrate President Emmerson Mnangagwa for convincing the Chinese to make the country a part of such a huge investment that is set to change the face of the world," the newspaper said.

        The trip bolstered Zimbabwe's efforts to attract foreign investment to revitalize the economy that has been in the doldrums for many years.

        Editor: ZX
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        Home >> Africa            
        Xinhuanet

        Zimbabwe embraces ample cooperation opportunities following Mnangagwa's trip to China

        Source: Xinhua 2018-04-10 01:06:05

        By Zhang Yuliang, Gretinah Machingura

        HARARE, April 9 (Xinhua) -- Zimbabwean President Emmerson Mnangagwa concluded his five-day state visit to China last Friday, giving substantial impetus to future cooperation between the two nations.

        The trip was Mnangagwa's first outside Africa since taking over from former leader Robert Mugabe last November, and resulted in the two countries deepening political and economic ties.

        During the visit, Chinese President Xi Jinping and and his counterpart Mnangagwa agreed to establish comprehensive strategic partnership of cooperation between the two countries.

        Xi said the Zimbabwean people have started a new journey in building their country since Mnangagwa took office last November.

        "As a good friend, partner and brother of Zimbabwe, we are glad to see that," Xi told Mnangagwa.

        When meeting with Mnangagwa, Chinese Premier Li Keqiang said Zimbabwe is an important partner of China in Africa and China will continue to uphold the principles of sincerity, friendship and equality, and bring new vitality to the traditional friendship between China and Zimbabwe.

        China is ready to work with Zimbabwe to give full play to the complementary advantages of both economies, innovate cooperation methods and deepen cooperation in infrastructure construction, agriculture, production capacity and human resources, said Premier Li.

        On the economic front, China and Zimbabwe managed to strike deals worth billions of U.S. dollars for implementation of various infrastructure development projects in energy, water, transport, tourism and telecommunications, among other sectors, Chinese economic and commercial counsellor to Zimbabwe Li Yaohui told Xinhua.

        The two countries also signed numerous agreements to advance economic cooperation, skills development, education and other facets of the economy, the counsellor said.

        Among major deals Zimbabwe finalized with China is the expansion of Hwange Thermal Power Station by 600 megawatts by China's Sinohydro.

        Funds for the 1 billion U.S. dollars project, which has been in pipeline for some years now, are expected to be released immediately, the counsellor said.

        With this latest deal, China is emerging as the top investor in Zimbabwe's energy sector after the government, two weeks ago, commissioned another Chinese-built-and-funded power expansion project at Kariba South Hydro Power Station.

        The expansion project, which added two 150-megawatt units to the power plant, was also done by Sinohydro at a cost of 533 million dollars.

        The expansion lifted Kariba's installed capacity from 750 MW to 1,050 MW, making it currently the country's biggest power plant.

        The completion of Kariba expansion and implementation of the vast Hwange Thermal Power project will greatly boost Zimbabwe's power supplies and help the country, which faces perennial power shortages, be energy self-sufficient.

        Li Yaohui said that other mega projects sealed by Mnangagwa in China are for the expansion of Harare Robert Mugabe International Airport, construction of a new parliament building, network expansion for Zimbabwe state-owned mobile firm NetOne, refurbishment of Harare's water treatment plant and construction of a pharmaceutical warehouse, among others.

        The two countries also signed a tourism memorandum of understanding and an economic and technological cooperation agreement.

        During his stay in China, Mnangagwa also visited Anhui and Zhejiang and met with the political leadership and business communities from the two provinces, Li Yaohui said.

        Mnangagwa, who was accompanied by several cabinet ministers and business leaders, said a lot of achievements were made from the state visit. He described the China trip as historic and a resounding success.

        "Today, I conclude my first historic visit which will help bring further crucial momentum to our economy. We had many fruitful discussions with political and business leaders in China, including President Xi Jinping, and secured a host of deals which will make a real difference to the lives of Zimbabweans," he said in a Facebook post at the end of his visit last Friday.

        "They will focus on road, rail, air and dam construction projects..." he said.

        In its editorial comment Monday, the state-controlled Herald newspaper said Zimbabwe-China ties had hit a new high following Mnangagwa's visit.

        "Major milestones were reached during President Mnangagwa's meeting with Chinese officials. What is most important is that relations between Zimbabwe and China were elevated to comprehensive strategic status, a move that is set to change the bilateral cooperation between the two nations," the newspaper said.

        Another major milestone that came out of the Beijing visit was the incorporation of Zimbabwe into the Belt and Road Initiative where Zimbabwe stands to reap huge benefits by being part of the select group of countries that China is dealing with under the initiative, the paper added.

        "Zimbabweans should celebrate President Emmerson Mnangagwa for convincing the Chinese to make the country a part of such a huge investment that is set to change the face of the world," the newspaper said.

        The trip bolstered Zimbabwe's efforts to attract foreign investment to revitalize the economy that has been in the doldrums for many years.

        [Editor: huaxia]
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