AN American multinational conglomerate General Electric pledged US$40 million for the upgrade of four Zimbabwe’s state owned hospitals, a Cabinet official said on Wednesday.
By Kudakwashe Pembere
At the 22nd Cabinet Decision Matrix, Media and Broadcasting Minister Monica Mutsvangwa said the just ended 12th Africa-USA Summit Summit offered the country an opportunity to advance its re-engagement exercise as well as promote investment in the country.
“Highlights of this included His Excellency President E.D. Mnangagwa’s meeting with General Electric, an American company which is set to partner with a Chinese company on the construction of the Batoka Hydro Project.
“The company expressed willingness to invest US$40 million towards the modernisation and maintenance of the hospital infrastructure and the training of health care providers at Parirenyatwa, Harare, Mpilo and Kariba Hospitals over a seven-year period. A detailed proposal will be submitted in due course for consideration by the Government of Zimbabwe,” she said.
She said these projects will be done over a seven year period.