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Chinese firm invests in Zimbabwean horticulture

A Chinese company, China Industrial International Group Zimbabwe, says it intends to invest $10 million towards horticulture production, with the group exporting a sample of local flowers to the Asian country. The planned investment will go towards supporting farmers with fertilisers, seeds and other inputs required in horticulture production.

Group chief executive Mr Nie Yang told The Herald Business that Zimbabwean horticulture products, especially flowers, had a ready market in China on the strength of their high quality.

In line with this, CIIG was targeting to export flowers worth half a million dollars every month, while the capital injection would capacitate farmers to ensure they meet demand from the Chinese market.

"If capacity is not enough, we will make an injection to capacitate farmers in Zimbabwe. We will start with the small farmers because the large scale farmers are already capacitated," said Mr Yang.

Read more at The Herald
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