In a move signaling the revival of the country’s ailing economy the French government on Tuesday introduced a new Lubricant manufacturing company ,which is set to start operations in the country soon.
The company, MUTUL operating as, MoTech Africa Motul is a world-class French company, which specializes in the formulation, production and distribution of high-tech engine lubricants, including products for passenger cars, trucks, motorcycles, and marine engines.
Speaking at the official launch of the company, French Ambassador to Zimbabwe Laurent Delahousse, said the investment came after President Robert Mugabe, had assured France that their investment was going to be protected.
“Two months ago a large French business delegation visited Zimbabwe. This delegation was received for an hour and a half by His Excellency. The delegation met nine members of the government,” Ambassador  Delahousse told  delegates.
“I want to see in this openness to Zimbabwe, a very strong willingness to welcome entrepreneurs, partners in Zimbabwe”.
Steven Lurie, Motul’s Business Development Manager for Southern Africa, said they were also going to create employment in Zimbabwe apart from bringing original stuff.
“As part of our ongoing growth in Africa, especially Southern and East Africa, we are very pleased to now have MoTech Africa as our distributor in Zimbabwe.  We are sure that Zimbabwe will find the quality of our products and service to be among the best they have experienced.
MoTech Africa has a great team in place with a very aggressive strategy for the Zimbabwean market, and we are looking forward to them making great strides here”.