Home » General » ZIMBABWEAN GOVT SEEKS FUNDS TO REHABILITATE 4 HIGHWAYS

HARARE, Sept 29 — The government of Zimbabwe is seeking investors to undertake rehabilitation and dualisation of four major highways in the country under the Build-Operate-Transfer (BOT) arrangement, says Finance and Economic Development Minister Patrick Chinamasa.

Noting that the country’s road network plays a major role in facilitating trade as transit freight through the North-South Corridor, he said here Saturday: “The road network condition has declined significantly and government is inviting private investors to upgrade the trunk roads under the build operate and transfer arrangement.”

The roads are the Harare-Chirundu highway which spans 352.1 kilometres, Harare-Beitbridge (570 km), Harare-Nyamapanda (237.5 km) and the Bulawayo-Victoria Falls (439 km).

Chinamasa said the government was open to any investor with an interest in the projects. “We are currently doing the valuations of the projects but any interested investor is free to come and evaluate cost of the different costs of the projects,” he added.

Chinamasa said in the energy sector, the Transmission and Distribution Network also presented opportunities for investment. He said Zimbabwe was strategically located at the epicentre of the Southern African Power Pool (SAPP) transmission grid, providing the necessary wheeling corridor for planned regional power generation projects.

Chinamasa said among priority projects for the construction of transmission networks which would provide additional wheeling capacity into South Africa were the 32 million US Dollar project to construct 80.2 km of 400-kilovolt (kV) line and associated terminal equipment between Bindura and Mutorashanga.

Others are the Alaska-Sherwood which is a 64 million USD project for construction of 160-km 400-kV line and associated terminal equipment as well as Orange Groove-Triangle and Tokwe-Masvingo, which cost 145 million USD and 12 million USD for construction of 300 km 400-kV line, substations and 132kv line 132/33kv substation and associated terminal equipment respectively.

SOURCE: NEW ZIANA

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