Dinson Iron and Steel Company says it is in the final stages of securing a special economic zone (SEZ) license for its Manhize operations, which is expected to transform the area into a key industrial hub.
The company’s Public Relations Manager, Joseph Shoko, revealed that the application is being processed through the Zimbabwe Investment and Development Agency (ZIDA), with the certificate expected to be issued soon.
“We are in the process of acquiring a license so that it becomes a special economic zone,” said Shoko. “We have fulfilled all the requirements, and soon the ZIDA certificate will be out.”
Shoko explained that the SEZ designation will attract more industries to set up in Manhize, aligning with the company’s vision of developing an industrial park.
“The special economic certificate is very important for attracting more industrialists. The intention is to create an industrial park where we welcome many industries to join us,” he said. “At that stage, we will invite partners for various industrial projects.”
Once granted, the SEZ status will offer several benefits, including tax incentives and reduced regulatory bottlenecks, to encourage investment and industrial development.
Dinson Iron and Steel’s ambitious plan to establish Manhize as a hub of industrialization could significantly enhance Zimbabwe’s manufacturing sector and create new opportunities for partnerships in various industrial venture
