Zim-Singapore sign Special Economic Zones MOU

Zimbabwe and Singapore economic ties are expected to strengthen after the signing of a memorandum of understanding (MOU) on special economic zones.

Singapore Co-Operation Enterprise Director for Africa and Russia, Mrs Poh Ling said the MOU is an indication of continuous strengthening of ties with Zimbabwe.

Special Economic Zones Authority chairman Dr Gideon Gono said the success of the MOU will now depend on commitment by both parties in fulfilling the objectives.

The MOU also seeks to promote and develop cooperation in the planning of special economic zones within the country and to explore investment opportunities on the basis of mutual benefit.