Local industrial advancement a source of pride – President

by | Jul 30, 2022 | Business, Local News | 0 comments

Local industrial advancement a source of pride – President

Hosia Mviringi

President Emmerson Mnangagwa has hailed local industrial innovation and advancement as a source of pride for the nation.
Speaking at the commissioning of Verify Engineering Company’s new Acetylene plant in Mutare recently, the President expressed his deep satisfaction and approval for the rate at which the company has grown from a small start-up in 2021 to where it is now.
“It Is with a great sense of pride that I address you today at this commissioning of the Verify Engineering Acetylene Gas Plant, which comes hard on the heels of the commissioning of the Cashel Saw Mill last week here in Manicaland,” said the President.
The President launched the first phase of the Verify Engineering Gases in August 2022, and then focused on producing medical oxygen for the country’s health sector was the Covid-19 pandemic ravaged the world economies.
Since that historic launch in 2021 the company has never looked back, having managed to surpass domestic demand for medical oxygen.
Now the company exports most of the oxygen to regional customers.
The recent expansion into production of Acetylene is a welcome move for the country as this industrial gas is critical for the local growth of the steel fabrication industry.
“Given the ongoing infrastructure development and growth of industries in our country, products from this particular plant are set to propel the industrialisation and modernisation of our country, with regards to steel and metal based fabrication,” he said in a speech.
Acetylene is a utility industrial gas, which when combined with oxygen produces oxy-acetylene that is used for metal fabrication.
It is also used as a reagent in chemical manufacturing. It improves the quality of cut metals and enhances the efficiency of gas across most industries.
Local production of industrial and medical gases is in line with government’s drive towards import substitution, technology based economic growth, and the steady shift towards the fourth industrial revolution (4IR) which is driven by innovation.
“The deployment of science and technology for the realisation of sustainable socio-economic development cannot be over-emphasised. Globally higher education has traditionally contributed to the current levels of industrial evolution and technological advancement. Equally, higher education and industry are integral inter-dependent parts of the economy and their seamless synergies provide an engine for economic growth,” said the President.
“I am confident that all your activities are ensuring that one of our greatest national assets, the brainpower of our young people, is effectively deployed to secure the sustainable economic prosperity of our beloved motherland Zimbabwe.”