Russia to exhibit at ZITF

BULAWAYO - Russia is set to hold its inaugural exhibition during this year’s Zimbabwe International Trade Fair (ZITF) edition due in two weeks’ time.

The exhibition curated by the Tatarstan Export Corporation, will present an extensive exhibition of Russian industrial achievements across a variety of spheres.

This year’s edition of ZITF will be running from April 26-30 under the theme “Innovate-Integrate-Industrialise”.

Organisers of the annual event said the exposition was aimed at expansion of Russian-Zimbabwean economic and trade relations and the implementation of promising new investment projects.

“The Russian delegation at RAF 2016 will be led by minister of Trade and Industry of the Russian Federation, Denis Maturov,” ZITF said.

The main purpose of the business mission is to increase Russian presence on African markets and to explore the huge potential for social and economic cooperation in an extensive range of areas including agriculture, mining, oil and gas, tourism, economic infrastructure, manufacturing, fisheries, banking, insurance, education and healthcare.

Information gathered by businessdaily shows that the Russian exhibition at the fair will occupy 200 square meters of exhibition space and will present the east European country’s achievements in areas such as heavy industry, agricultural and infrastructural development, the energy sector, road and rail transport, communications and optimisation of production processes.

Some of the Russian firms to grace this year’s ZITF include Russian Helicopters PJSC, Rostselmash, Kamaz, Elevatorprodmashstroi, Bourevestnik, Power Machines and online business-to-business trading platform B2B-Export.COM and others.

The Russian delegation will also take part in the annual ZITF International Business Conference where a number of topics will be under discussion.

This comes as Industry minister Mike Bimha last week said 378 exhibitors had confirmed participation at the premium annual trade and investment expo, compared to 236 at the same time last year.

He added that foreign participation was encouraging with 32 foreign exhibitors having booked to participate at the fair — to be officially opened by Togolese President Faure Gnassingbe.

Bimha said the only way to grow the Zimbabwean economy was to improve the competitiveness of locally-produced products through industrialising the manufacturing sector.

“And for that to happen, our businesses need to be innovative in terms of  both industrial processes and their business models and,  industrialisation is not just a Zimbabwe problem but one that affects the whole of the African continent and the Sadc region in  particular,” he said

The Zimbabwe International Trade Fair is one of the largest intra-regional trade fairs in sub-Saharan Africa.

Post a comment

Readers are kindly requested to refrain from using abusive, vulgar, racist, tribalistic, sexist, discriminatory and hurtful language when posting their comments on the Daily News website.
Those who transgress this civilised etiquette will be barred from contributing to our online discussions.
- Editor

Your email address will not be shared.