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Zimbabwe, China sign US$1 bln MoU for setting up steel plant

Belt & Road
Zimbabwe and China on Monday signed a US$1 billion Memorandum of understanding (MoU) for establishing a steel plant that can produce up to 2 million tonnes of steel per annum.

XinhuaUpdated: June 12, 2018

Che Jun (Front), secretary of Zhejiang Provincial Committee of the Communist Party of China (CPC), addresses the opening ceremony of Zimbabwe-China Business Forum in Harare, Zimbabwe, on June 11, 2018. Zimbabwe and China on Monday signed a 1-billion-U.S.-dollar Memorandum of understanding (MoU) for establishing a steel plant that can produce up to 2 million tonnes of steel per annum. [Photo/Xinhua]

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