Zimbabwe Showcases Investment Opportunities to Danish Delegation as Drive for Foreign Direct Investment Intensifies

Zimbabwe’s Ministry of Industry and Commerce has stepped up efforts to attract foreign direct investment, with a Danish business delegation hosted in Harare this week. The meeting, held at the Hyatt Regency, outlined several high-value opportunities in key sectors that the government says will yield significant returns while supporting national economic revitalization.

Permanent Secretary Dr. Thomas Wushe told the delegation that Zimbabwe is prioritizing investment in industries with both local and export potential. He highlighted opportunities in manufacturing, textiles, heavy industry, and renewable energy.

One area singled out was the newsprint industry. “A USD 5 million per annum newsprint industry can be re-established in Zimbabwe,” Dr. Wushe said, urging investors to explore the sector as part of rebuilding the country’s industrial base.

The cotton value chain was also presented as a profitable avenue for investors. From spinning and weaving to garment manufacturing, Zimbabwe is positioning itself as a hub for textile production. Wushe emphasized that the demand for locally produced textiles remains strong, with potential to expand into regional markets.

The packaging sector was described as another growth driver. With plastics and packaging in high demand, the Ministry is inviting investors to expand capacity and establish new operations to serve both domestic manufacturers and exporters.

Heavy industry featured prominently in the presentation. Wushe pointed to opportunities in the smelting and refining of platinum group metals and emphasized the catalytic role of the newly established Manhize Steel Plant. “The recent establishment of Manhize is a game changer,” he said, noting that the plant has created an entire ecosystem of downstream industries reliant on steel products, ranging from construction to manufacturing.

Energy was positioned as central to Zimbabwe’s industrial growth strategy. The Ministry encouraged the Danish investors to consider renewable energy projects, particularly solar and hydro, to meet rising power demand while supporting sustainable development. “Investment in renewables is critical for powering industrialization and ensuring environmental safety,” Wushe said.

The engagement is part of Zimbabwe’s broader campaign to market its economy as investor-friendly and to accelerate the government’s Rural Industrialisation programme. By targeting partnerships in both traditional and emerging sectors, the Ministry of Industry and Commerce aims to build an industrial base that creates jobs, diversifies exports, and boosts economic resilience.

For Danish businesses, the reception provided a structured overview of opportunities across multiple industries, aligning with Zimbabwe’s push to attract long-term capital and build sustainable partnerships.