Also from GAN

Seeking investors for rail, air and toll projects
Fri, 06 Jan 2012 11:37


Region
Zimbabwe

Sector
Construction & Materials
Infrastructure

Summary:
Zimbabwe plans to rehabilitate and expand existing infrastructure to support the envisioned economic growth. The government has developed a framework for the recapitalisation of major public entities - a process that is opening up lucrative investment opportunities.
Contact
Richard Mbaiwa

Email
mbaiwa@zia.co.zw, info@zia.co.zw

Tel
+263 475 7931 (to 7936)


1. Project: National Railways of Zimbabwe (NRZ)

Location: Nationwide

Summary: The project will upgrade the railway system, which is important for the mining, manufacturing and agricultural sectors. The rail network is currently operating between 30-50% capacity due to inadequate maitenance.

Cost of investment:US$274-million

Documentation: Feasibility study is complete

Investment structure: BOT

Benefit analysis: NRZ has a wide railway network that transverses the country. At completion, it will facilitate the transportation of goods in the mining, agricultural and manufacturing sectors. The project will also enhance export of transport services within the southern Africa region, and also generate foreign currency.

2.  Project: Air Zimbabwe Holdings

Location: Harare Airport

Summary: The promoter intends to recapitalise the airliner and offers an immediate opportunity to provide a hanger fire protection system. Long-term investment opportunities under the project involve the supply of new fleet of aircrafts and conducting a comprehensive feasibility study.

Cost of investment: US$750-million


3. Project: Beit Bridge-Chirundu Toll Road

Project location: Lupane and Lowveld

Summary: The project involves the construction of the Beit bridge-Chirundu toll road. The government is inviting investors to implement the project under BOOT or PPP. Estimated cost is US$1-billion. Feasibility study is complete.


For more information on investing in Zimbabwe contact the Zimbabwe Investment Agency.

Richard Mbaiwa
Chief executive officer, Zimbabwe Investment Agency
Email: mbaiwa@zia.co.zw, info@zia.co.zw
Tel: +263 475 7931 (to 7936)
www.zia.co.zw

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