abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb

هذه الصفحة غير متوفرة باللغة العربية وهي معروضة باللغة English

المقال

6 سبتمبر 2021

الكاتب:
The Herald (Zimbabwe)

Zimbabwe: Chinese bank ICBC has not pulled out of Sengwa coal project, sources say

"RioZim Sengwa deal still on track", 6 September 2021

The Industrial and Commercial Bank of China (ICBC) has not pulled out of an agreement to finance the US$3 billion coal-fired power plant RioZim intends to develop in Sengwa, Gokwe North, well placed sources have said.

Highly-placed said the funding deal for the coal power project was still on track, contrary to recent media reports that ICBC had reneged on the agreement after bowing to pressure from environmentalists opposed to coal fired projects.

If it collapsed, it would be the umpteenth time potential funding deals for the power project, which was mooted in the 1990s, would have gone off rails for RioZim, a Zimbabwe Stock Exchange (ZSE) listed diversified mining entity.

This would also be a setback for Zimbabwe, which faces shortage of power and has issued several licences to independent producers in an effort to drive investment in production of electricity, to generate enough power and ultimately become a net importer. [...]

Part of the following timelines

Zimbabwe: Sengwa coal project

China's commitment to phase out overseas coal investment

معلومات الخصوصية

هذا الموقع يستخدم ملفات تعريف الارتباط وتكنولوجيا التخزين الشبكي. يمكنك ضبط خيارات الخصوصية أدناه. تسري التغييرات فورًا.

للمزيد من المعلومات عن استخدامنا للتخزين الشبكي، انظر سياستنا في استخدام البيانات وملفات تعريف الارتباط

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

ملفات تعريف الارتباط التحليلية

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

خيارات الخصوصية على هذا الموقع

هذا الموقع يستخدم ملفات تعريف الارتباط وتكنولوجيا التخزين الشبكي لتحسين تجربتك لما يتجاوز الخصائص الرئيسية الضرورية.