Government is committed to supporting turnaround efforts by entities through the creation of a conducive investment climate which ensures viability and guarantees security of investment, President Mnangagwa has said.

He implored firms to pursue capital injection through internally-mobilised resources instead of focusing on borrowing as the only option.

President Mnangagwa said this yesterday while commissioning a US$125 000 state-of-the-art production plant at Allied Timbers.

“Credit finance is not the only option for capital injection. Business models and strategies must be developed and interest-free capital internally generated for expansion and growth of our entities. As Government, we will continue to support turnaround efforts through the creation of a favourable trade and investment climate which steers profitability while guaranteeing security of investment and ensuring sustainable jobs,” said President Mnangagwa.

-State Media