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Construction / Infrastructure in Zimbabwe

  • Zimbabwe: U.S $2 Billion Highway Project Raises Eyebrows

    ZIMBABWE, 2015/11/15 CBRE's John Knott and Michael Parks announced this week the firm's listing of the Fontainebleau Las Vegas, a partially completed hotel casino project that represents an original investment in land and improvements of additional than $2 billion. At 730 feet, it stands as the tallest hotel tower on the Las Vegas Strip. Situated on 22.65 acres on the east side of Las Vegas Boulevard south of Sahara Avenue, the project's structure provides for flexibility relative to its completion and can be reconfigured to meet a new investor's vision, according to Knott. "A Las Vegas Boulevard address, coupled with adjacency to the planned expansion of the Convention Center District by the Las Vegas Convention and Visitors Authority (LVCVA), along with the tower's iconic height, combine to make this one of the majority exciting development opportunities in Las Vegas in a lot of years," said Knott. "The structure has been well-maintained and is ready for immediate development to bring to fruition the vision of its next owner.
  • Zimbabwe: U.S.$400 Million Deal for City Roads Rehab

    ZIMBABWE, 2014/03/11 HARARE councillors have authorised town clerk Dr Tendai Mahachi to conclude a US$400 million joint venture agreement between council and Neo Capital of South Africa for rehabilitation and maintenance of the capital's major roads. A lot of city roads are presently impassable because of potholes. According to council's business committee conference minutes of January 30 this year, a appropriate purpose vehicle - the Harare Roads Development Company -will be created with the City of Harare holding a 51 % stake and Neo Capital the remiander. "Neo would contribute US$400 million for the project. The joint venture would run for a period of 30 years. The Harare Roads Development Company would get its revenue from vehicle licence and billboard activities," read the minutes. The broader plan includes mass light rail, bus and taxi transport systems.
  • Emergency Power Infrastructure Rehabilitation Project Phase II (EPIRP II) in Zimbabwe.

    ZIMBABWE, 2013/12/23 The Board of the African Development Bank (AfDB) on Friday approved funding for the Emergency Power Infrastructure Rehabilitation Project Phase II (EPIRP II) in Zimbabwe. The financing comes in the form of a US$17.52-million grant from the Zimbabwe Multi-Donor Trust Fund (ZimFund), housed in the AfDB. In a statement here Friday, the AfDB said the objective of EPIRP is to improve the availability and reliability of electricity supply through the rehabilitation of generation, transmission and distribution facilities.
  • Transportation infrastructure Zimbabwe

    ZIMBABWE, 2013/10/26 The positive reaction by urban councils to a invitation by Transport and Infrastructural Development Minister Dr Obert Mpofu to establish tollgates present an opportunity for the two levels of Government to work together in developing a national long term transportation infrastructure and traffic management plan. Urban councils, as institutions closest to people providing direct transportation infrastructure and traffic management, have a very good considerate of the challenges they face: antiquated transportation infrastructure, congested road networks and a narrow base of revenue.
  • Impact of buildings on environment and natural resources in Zimbabwe

    ZIMBABWE, 2013/09/01 THE Institute of Architects of Zimbabwe will early next month hold a conference to broaden awareness on the impact of buildings on environment and natural resources. The conference, to be held under the theme "Sustainable Infrastructure Development", will be held on September 5 and 6 at the Cresta Lodge in Harare, the institute's president, Ms Irene Masiyanise, told a Press conference yesterday. "The built environment and the built profession presently need to be sensitive to various issues . . . those of renewable energy sources, focusing on sustainable developments that will make major contribution by reducing the request of natural resources, cut down on pollution, greenhouses gases and high energy request," she said.