Zimbabwe's premier Morgan Tsvangirai has unveiled his Movement for Democratic Change (MDC) party's economic blue print that plans to create a million jobs over a five year period.

Code named -Jobs Upliftment, Investment Capital and the Environment (Juice), the plan is a counter proposal to President Robert Mugabe's empowerment programme that forces foreign owned companies to surrender their majority stakes to locals.

"Our plan is to transform Zimbabwe into a newly industrialised nation within a generation," Tsvangirai said at the recent launch of the blue print in Harare.

"Juice is our framework to create jobs and build a strong, growing economy that is financially and environmentally sustainable, where growth is evenly shared across the country and not by a privileged few."

According to Juice, jobs are not just the engine for poverty reduction but "they are transformative in and of themselves, and can help drive the pathways to development".

"As a direct result of Juice we expect to achieve the creation of one million new jobs between 2013 and 2018, with a projected average GDP growth rate of 8% per annum," the document reads.

But Indigenisation minister Saviour Kasukuwere from Mugabe's Zanu PF party has labeled the policy document as a "stale plan".

"The MDC has finally put to the public a stale Juice plan, manifesto and critique. It's stale," said Kasukuwere on his Facebook post.

Kasukuwere added that the MDC "does not even have a shred of pro-poor policies."

Zimbabwe has one of the highest unemployment rates in the world estimated at over 80 percent.

A sustained economic decline that began in 2000 has been blamed on Mugabe's policies and political unrest.