Adoption of new technology, Retooling, import substitution to highlight Metal Casting and Engineering Summit
The retooling of the foundry industry, adoption of new technologies and innovation to enhance import substitution will highlight the 2nd edition of the Metal Casting and Engineering Summit and Awards 2023, Zimbabwe Institute of Foundries (ZIF) COO Mr Dosman Mangisi said.
Rudairo Mapuranga
The second edition of the Metal Casting and Engineering Summit and Awards will run under the theme, “Value addition and beneficiation of metals – Developing local markets for metal casting engineering” will be held from the 7th to the 8th of december 2023.
The Minister of Mines and Mining Development Hon Zhemu Soda will be the guest of honour.
According to Mangisi the Summit has come at a time when the country is on massive development and growth therefore it was of importance to ensure the foundry industry takes centre stage in national development.
Mangisi said retooling through building bridges with Financial Institutions for the funding of the sector is going to be a key issue at the Summit.
He also said that the foundry industry should be able to tap into the low-hanging fruits in different industries like mining, agriculture, transport, construction and structures among others to ensure that the country does not import equipment such as hammer mills among others.
“The local foundry should be able to feed the local market and leverage the issue of import substitution. We have low-hanging fruits in different sectors, we need to be able to tap into that. Also enhancing quality control through retooling, we want to build bridges with the financial Institutions to provide working capital,” Mangisi said.
Mangisi said the awards will recognise companies, organisations and individuals that are working to see the growth of the sector.
“The issuing of awards is to recognize people who are pushing the growth and development of the foundry industry,” Mangisi said.
The following are the key highlights for the Metal Casting and Engineering Summit and Awards 2023
- Unveiling of retooling and working capital funding.
- Shortlisting of Distributors of Raw materials (Dinson Iron Steel Distributorship in conjunction with ZIF).
- Business partnerships with Banks, eg (order finance systems).
- Presentation of Beneficiation and Value Addition Awards Dinner.
- An opportunity to visit Dinson Iron and Steel company in Manhize, Mvuma.
- Business Networking with key stakeholders and government principals.
FOR MORE INFORMATION CONTACT 0712033025/0772942473. VENUE: HOLIDAY INN, HARARE. DATE 07 DECEMBER 2023.