Masvingo – Masvingo Province is rapidly positioning itself as Zimbabwe’s leading agro-based economy, capitalising on its rich natural endowments, growing investor interest, and bold vision for sustainable development. This transformation took centre stage on Thursday as the Masvingo Investment Conference kicked off at the Urban Lifestyle Hotel, drawing together high-level government officials, business leaders, local entrepreneurs, and development partners.
Held under the theme “Invest in Masvingo, Your Gateway to Economic Growth for Vision 2030,” the three-day event is a strategic initiative aimed at accelerating economic development through targeted investment, particularly in agriculture.
In his keynote address, the Permanent Secretary for Masvingo Province, Dr. Addmore Pazvakavambwa, outlined an ambitious roadmap:
“We are targeting to become an US$8 billion economy by 2030. Agriculture remains our cornerstone, leveraging our water bodies, arable land, and rich soils to unlock value across the province.”
Masvingo is home to vast water reservoirs, including Lake Mutirikwi and Tugwi-Mukosi Dam, which offer immense potential for irrigation agriculture, aquaculture, and agro-processing. These natural resources are now being positioned as core enablers of sustainable, scalable agricultural ventures.
Mr. Joseph Mverecha, Chief Director for Economic Affairs in the Ministry of Finance, added that the province is ripe for investment:
“This platform allows Masvingo to showcase its strength in natural resources, location, and growth sectors. We’re highlighting bankable projects ready for partnerships.”
Dr. John Mangudya, CEO of the Mutapa Investment Fund, urged stakeholders to consider public-private partnerships (PPPs) in energy and infrastructure development.
“Hydro and solar plants will be key. PPPs allow us to tap into private financing, innovation, and technology,” he explained.
Among the notable participants was Mr. Tirivashe Marinda, Director of Mother Africa International, who described the event as “a major opportunity for Masvingo,” underscoring the importance of youth empowerment and sustainable collaborations in driving inclusive growth.
Dr. Simon Muzungu shared practical insights, saying,
“This is a safe space for progress ideal for both local and foreign investors to understand proper procedures when entering Masvingo’s market.”
Meanwhile, Mr. David Masomere, National Chairperson of Cross-Borders Traders for Economic Development, inspired delegates with stories of small enterprises thriving through regional trade.
“We’re ready to support SMEs to expand beyond borders,” he declared.
