After the much celebrated large folder of deals signed by Robert Mugabe earlier this year, and another penned by Vice President Emmerson Mnangagwa, Zimbabwe is this Friday signing another batch of eight project deals, as the country gets sold off.
Already the diamonds at Chiadzwa have been sold off to China for a whole 20 years since 2013 after ZANU PF sold the mine fields away in exchange for a small building complex now called, the Zimbabwe Defense College.
The Chief Secretary to the President and Cabinet, Dr Misheck Sibanda revealed this development at a reception held for so called “Chinese experts” in Harare last night.
The said team of experts from the National Development and Reform Commission of China, were found to be really members of China’s Communist party.
The State Media claimed that this is a follow up to the various memoranda of understanding signed between Zimbabwe and Chinese companies when Vice President Emmerson Mnangagwa visited the Asian country last month.
About eight projects from key sectors such as roads and railways, energy and power, tourism, mining, manufacturing among others, will be put into effect.
Sibanda said eight deals to be signed are set to be completed at the shortest possible time.
“Cooperation on national economic planning, transportation infrastructure has been given high priority, according the Chinese team leader, Mr. Dong Shongshen,” he said.
China and Zimbabwe have sound political relations and the two countries are working towards boosting their economic cooperation.