21 foreign firms for ZITF

Business
AT least 21 foreign companies have confirmed participation at this year’s Zimbabwe International Trade Fair (ZITF) being held in Bulawayo under the theme “Unlocking investment potential”.

AT least 21 foreign companies have confirmed participation at this year’s Zimbabwe International Trade Fair (ZITF) being held in Bulawayo under the theme “Unlocking investment potential”.

ZITF general manager Daniel Chigaru said about 484 exhibitors had confirmed their participation. The trade fair will run for four days starting April 20.Of the 484 exhibitors, 21 foreign exhibitors from 14 countries which include Botswana, Ghana, India, Iran, Indonesia, Italy, China, Malawi, Mozambique, Namibia, South Africa, Tanzania, Turkey and Zambia will be exhibiting.Chigaru said they were also expecting visitors from Germany, India, South Africa and the United Kingdom.Companies that have confirmed their participation from South Africa include ABC Ventilation systems Pvt Ltd, Cemcrete (Pvt) Ltd, Department of Trade and Industry Panasonic Business Systems, RS Digital, Sew-rite (SRI) International Linkages and the South African – German Chamber of Commerce and Industry.Foreign participation at the ZITF has been improving this year, according to organisers who credit the turnaround to the generally improved economic and political situation. “Apart from that we have many local exhibitors who have not participated in this event during the past 10 years who have shown keen interest in participating in this year’s commercial event,” Chigaru was quoted saying.Chigaru said due to the strong response from exhibitors and investors, his organisation has engaged international agents to step up marketing of this year’s event. In recent years the trade fair has been an empty shell due to the country’s economic decline over the past decade, drawing mostly state-run enterprises and some Chinese companies.But the economy has shown signs of recovery since the installation of a government of national unity in 2009 — Staff Writer.