President commissions African Chrome Fields Aluminothermic Plant
President Emmerson Mnangagwa has commissioned the African Chrome Fields Aluminothermic Plant in Kwekwe, a move meant to boost the country’s foreign currency earnings through exportation of chrome.
Addressing thousands gathered at Chenyika Ranch, Midlands Province, the President said each time he does a ground breaking or commissioning of a project, it simply means creation of employment.
“The launch of the African chrome Fields is one gateway for the creation of employment in the country since the plant already employees over a thousand people.
“I commend Moti Group for taking a bold decision to invest in Zimbabwe around 2015 when others were hesitant,” said the President.
The plant will process alluvial chrome into ferrochrome with a capacity to initially produce 300 tonnes of ferrochrome per month and 600 tonnes at full production.
The President added that Government would continue improving the ease of doing business and working closely with the private sector in peace and harmony to rebuild Zimbabwe.
“The notion of us and them is now behind us we will continue to work together and support each other for the development of the country…,”
President Mnangagwa also vowed that Government would continue supporting projects which stimulate economic growth, as this launch is in tandem with Government’s value addition and beneficiation thrust; which increases the economic value of chrome, and ultimately Zimbabwe’s foreign currency earnings.