Country director Kundhavi Kadiresan told reporters a lack of clarity over a black empowerment push was also preventing investment in an economy that was nevertheless showing "impressive" growth.
"Zimbabwe needs $13 billion investment in the energy sector," she said. "The road network is very good. However the maintenance has been very poor over the past fifteen years and huge investment is also required for the roads."
Zimbabwe currently generates less than 1,000 megawatts of electricity, about half of its requirements, due to frequent breakdowns at its ageing plants.
Post published in: Business