Plans are underway between Zimbabwe and China to turn the city of Bulawayo into an economic zone, a development expected to revive the second capital's ailing manufacturing industry.
Minister of Economic Development and Investment Planning, Tapiwa Mashakada, told The Financial Gazette's Companies & Markets during a Zimbabwe-China Investment Seminar held at the Zimbabwe International Trade Fair (ZITF) last week that his ministry was working on signing a memorandum of understanding with China to revive industries in Bulawayo, which had witnessed the closure of 80 companies since 2010, leaving 20 000 workers jobless.
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