Mangalore, Karnataka -- (SBWIRE) -- 05/14/2012 -- Chief executive officer of Panama Group, Vivek Raj, had an exclusive face to face meeting with deputy prime minister of Zimbabwe, Prof Arthur Mutambara at Sheraton hotel, Bangalore.
Panama Group is a diversified trading company which had been invited privately by deputy prime minister to develop coal and iron ore mine blocks existing in Zimbabwe.
This opportunity could give a big boost to the company for its expansion plans and to have a stand in importing and marketing coal to India.
Currently, India is running short of 855 million tons of shortage in coal and making the most of this opportunity, Panama plans to have a good share of coal market by supplying to major steel and power plants in the country. Currently Zimbabwe has the worlds 90% reserve of platinum, 80% of untapped gold and very high coal and iron ore deposits.
About Arthur Mutambara
Arthur Guseni Oliver Mutambara is a Zimbabwean politician. He became the President of the Movement for Democratic Change-Mutambara faction (MDC) in February 2006. He has worked as the Managing Director and CEO of Africa Technology and Business Institute since September 2003
About Vivek Raj
Mr. Vivek Raj is the Youngest CEO ever nominated in the Global Growth Companies (GGC) of the World Economic Forum, being only 28 years of age. As a pioneer in his field, Mr. Vivek Raj was invited to the World Economic Forum to make presentation about Panama Corporation.
Further information regarding updates in Panama Group refer http://panamagroup.in
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