In the third quarter, the Chinese company obtained a license with a scale of US $ 2.79 billion (about S $ 3.81 billion) in the third quarter, investing in mining and energy in Zimbabwe.
According to Bloomberg, the Zimbabwe Development Bureau said in the report on Wednesday (November 1) that the application for investment licenses from China is the highest and most popular in terms of quantity and investment value.The industry is the mining industry.China accounts for more than two -thirds of the applications.
The proposed investment scale was more than 10 times the investment of US $ 271 million in the same period last year, which made the Rival UAE closely followed.The latter obtained an investment license of $ 498.5 million.Zimbabwe's total investment license has a total value of 3.41 billion US dollars.
In the project invested in China, including a planned investment of $ 2.3 billion in energy and mining complexes.Chinese companies have also participated in the reconstruction and construction of Zimbabwe power plants.In the proposed investment, US $ 411 million is used for mining.
Chinese companies have been purchasing lithium ore, lithium is a key material for electric vehicle batteries.
