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The Zimbabwean government has officially designated the Dinson Iron and Steel Company (DISCO) facility in Manhize, Chirumhanzu District, as a Special Economic Zone (SEZ). This move empowers the Chinese-owned DISCO, a subsidiary of Tsingshan Holding Group, to operate and license investors across the steel value chain.
The designation is pivotal in launching the USD 1.5 billion Dinson Integrated Iron and Steel Industrial Park in Nyikavanhu, aimed at reviving Zimbabwe’s steel industry and supporting its Vision 2030 and National Development Strategy 1 goals. The project is expected to generate up to 25,000 direct and 150,000 indirect jobs, while bolstering exports and attracting regional trade under AfCFTA.
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ZIDA CEO Tafadzwa Chinamo highlighted the need for skills development and technology transfer, while DISCO CEO Benson Xu praised government support and reaffirmed the company’s phased development approach. The SEZ framework offers regulatory and fiscal incentives to attract investors and streamline operations, positioning Zimbabwe as a competitive steel exporter in the SADC region.