Zimbabwe to Establish Multi-Billion Dollar E-Cigarette Production Factory

Jun.04.2024

Zimbabwe to establish multi-billion dollar e-cigarette factory, becoming regional hub in tobacco value chain, creating job opportunities.

According to The Herald's report on June 4th, Zimbabwe is set to establish an e-cigarette production factory worth billions of dollars, becoming a regional hub in the tobacco value chain. The factory will extract nicotine from tobacco stalks, leaves, and flowers to make smokeless alternatives. Currently, this plan is in an advanced planning stage.

Zimbabwe is the fourth largest tobacco exporting country in the world. If the factory is established, it will process tobacco from neighboring countries such as Malawi, Mozambique, and Zambia.

Investors attended a board meeting in China on Friday to determine the specific details of establishing a factory, which is tentatively planned to be located in the Karoi area of Hulun Guire.

Zimbabwe's former ambassador to China, Christopher Mutsvangwa, stated at a meeting of the ZANU-PF Coordination Committee for the Western Province of Zimbabwe, that.

This will be a massive industry extracting nicotine from by-products of high-quality tobacco, and Chinese companies are interested in setting up factories in Zimbabwe due to our production levels.

This action will create a large number of job opportunities in the country.

References:

[1] nation to set up vape factory

Also Read:

[1] Zimbabwe Expects $1.6 Billion in Tobacco Exports

[2] Zimbabwe's Tobacco Export Revenue Surges by 138% in 2024

#E-liquids #Africa #Zimbabwe #Major companies #Product

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