loader image

Value chain participation crucial element of any industrial strategy

LET me start by expressing my sincere gratitude to the Davipel Group of companies team, for organising this colourful event.

Today we are gathered to witness the commissioning of the $ 12 million state-of-art maize grit and snack manufacturing plant which was imported from South Africa and Turkey. These efforts are commendable as they are in line with the government’s thrust on import substitution and employment creation. The country requires a vibrant domestic industrial sector to attract foreign direct investment.

You will recall that, in its quest to drive the country into prosperity, the Government of Zimbabwe is implementing the Zim-Asset blue print, anchored on four main clusters which are: Food Security and Nutrition; Social Services and Poverty Eradication; Infrastructure and Utilities; and Value Addition and Beneficiation. It is important to note that, this investment by Davipel fits perfectly well into at least three of the clusters under Zim-Asset.

This investment compliments government’s call for value addition and beneficiation of our primary produce from the agricultural sector. Davipel Group of companies is a key player in the agro-processing value chain as it transforms maize into secondary or value added products. Value chain participation is a crucial element of any industrial strategy because it has the potential to extend production possibilities and enable utilisation of natural and human resources.

You will recall that government has been promoting local production through the Import Management Programme (SI 64 of 2016 now SI 122 of 2017) which has been running for a while. Let me applaud Mr and Mrs Norupiri for responding positively to this programme which is aimed at encouraging new investments and assisting local industries to retool, increase production and to set a firm foundation for the industrialisation agenda.

Without much further ado, let me point out that, this investment dovetails into government’s efforts towards enhancing local value addition through utilisation of local resources and localisation of supply chains and linkages, through the formulation of the Local Content Policy. My Ministry continues to engage the private sector on the finalisation of this policy and is currently receiving inputs towards a robust policy document that will help align local consumptive patterns to local industry capabilities.

I would like to heartily congratulate Davipel Group of companies for contributing positively to Zimbabwe’s industrialization agenda and economic development. It is our sincere hope and belief that Davipel, and other like-minded local ventures will continue to grow and dominate the market and even reach a point where they export into the region and beyond.