Of special interest to new investors are facilities available specifically to support export operations. These include preshipment export financing, approved bank advances to exporters or would-be exporters for working capital and equipment needed to execute an export order. Post-shipment export financing can also be arranged for an exporter to cover the period between shipment and receipt of payment. Export credit insurance, administered by the Zimbabwe Credit Insurance Corporation, a consortium of leading financial institutions, including the GOZ-owned Industrial Development Corporation, commercial banks, and insurance companies, is also available. Other forms of trade-related support include drawback of duties on imported inputs for products that are eventually exported and bonded warehouses.
Project financing is available from two Zimbabwean development banks and a venture capital company.
Local merchant banks also mobilize capital from domestic sources for projects. The Industrial Development Corporation is a GOZ-owned holding company primarily involved in the manufacturing sector and is interested in joint ventures with foreign firms. The Zimbabwe Development Corporation is a similar parastatal, whose objectives are to invest government funds in profit-making commercial enterprises, which often include joint ventures with both local and foreign firms. Chemical Bank and Standard Chartered Bank of New York.