Mash Holdings targets to increase exposure to medical sector

📅 Published: August 21, 2025

Curated by AllZimNews.com

The consortium on Friday signed a memorandum of understanding with the Zimbabwean government at State House  to inject more than  USD$2 billion in the country before President Emmerson Mnangagwa.

The president, who was present at the signing ceremony, stated that the mines to Energy Industrial Park will support his government’s focus on mineral value addition and beneficiation, as well as the critical role that mineral value chains play in the national industrialization agenda.

The project, which is the first of its kind in Zimbabwe, would be established on a 5 000-hectare piece of land in Mapinga, along the Harare-Chinhoyi Road and will boost the economy through beneficiation of minerals and support the clean energy drive. “The new Mines to Energy Project will include the construction of two 300MW Power Stations, a Coking Plant, Lithium Salt Plant, Graphite Processing Plant, Nickel Chromium Alloy Smelter as well as a Nickel Sulphate Plant,” Mnganagwa said.

He also commended the company for selecting Zimbabwe as an investment destination and demonstrating that Zimbabwe is open for business. “On behalf of the government and on my own behalf, I welcome Eagle Canyon International Group Limited to Zimbabwe.

I applaud you and your partners for choosing Zimbabwe as an investment destination of choice and finding a home in this sacred land of vast opportunities,” he added.

Energy Industrial Parks are groups of industries that collaborate to share resources, information, materials, and energy in order to achieve long-term social and economic benefits. 🔗

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