BEDIA creates 9000 jobs in five years - Gaolathe

Presenting the 2009/2010 budget in Parliament Monday, the Minister of Finance and Development Planning Baledzi Gaolathe said BEDIA's strategy of focusing on new investments and encouraging expansions is yielding positive results."Over the last five years, a total of 9 363 jobs were generated with a corresponding level of capital investment of P971 million from both green field investments and expansions," Gaolathe said.

"Out of this total investment, P323.4 million was attracted between April and December 2008, creating 2 071 jobs. Starting in NDP 9, BEDIA adopted a new approach which focuses on investor targeting, selling of identified opportunities, emphasising product differentiation and market streamlining."