Govt Infrastructural Projects Lay Solid Basis For Growth

Oliver Kazunga

Senior Business Reporter

THE Government’s decision to prioritise investments in key infrastructural projects, since its inception in 2017, will transform the economy and lives of many ordinary citizens, industry experts say.

The Second Republic, led by President Mnangagwa, has invested significantly in infrastructural development as a key enabler to economic transformation, despite limited access to external lines of credit. Given the importance of infrastructure to a country’s economic development, investments by the Government in the sector have certainly laid a firm foundation for rapid and sustainable economic growth and development. According to the Brooklyn Institute, important national goals also depend on key infrastructure. The acclaimed global education institution says the economy needs reliable infrastructure to connect supply chains and efficiently move goods and services across borders. Infrastructure connects households across metropolitan areas to higher-quality opportunities for employment, healthcare and education. Zimbabwe’s infrastructural development thrust dovetails with the Government’s vision of transforming the country into an upper middle-income economy status by 2030, whose first part is anchored by targets in the National Development Strategy 1 (NDS 1), a five-year economic blueprint launched in 2021. ReadMore