Welcome to Infrastructure Development Bank of Zimbabwe (IDBZ)

The IDBZ was formed on the 31st of August 2005, taking over the assets and liabilities of the former Zimbabwe Development Bank (“ZDB”). It was primarily set up as a vehicle for the promotion of economic development and growth, and improvement of the living standards of Zimbabweans through the development of infrastructure, which includes but not limited to energy, transport, water and sanitation, information communication technology (ICT) and housing.

Featured Idbz Projects

  • Housing

    Conveniently located close to Harare Drive and residents can easily access top rated schools, and entertainment all located in close proximity.The development is a distinct, attractive and environmentally sustainable community, with water, sewerage, roads and communal lighting serviced by IDBZ.

  • ​Energy & Power Supply

    Currently there is an energy daily deficit of between 300 to 400 MW. In that regard the Zimbabwe Power Company is refurbishing small thermal power stations to add power to the national power grid and has already appointed contractors for the three thermal stations.

  • ​Energy & Power Supply

    Given the growing demand for power and spiraling import bill, expansion of the existing Hwange Power Plant has been identified as key to alleviate the energy shortfall. The existing plant is thermal in nature with a large part using coal as power inputs.

  • Water & Sanitation

    This is a water and sanitation project being undertaken by Victoria Falls Municipality. The project is estimated to cost is US$12 million and will be funded through debt. The project will involve the rehabilitation of current water facilities.

  • Water & Sanitation

    The project is expected to cost US$9 million and will involve rehabilitation of current water supply facilities. The aim of the project is to double current water pumping and conveyance infrastructure to mitigate against current water shortages in the region.

Forex Rates

24 May 2018

Buy Sell
1USD-ZAR 11.8439 13.09
1GBP-USD 1.2700 1.38
1EUR-USD 1.1120 1.21
1USD-BWP 9.4716 10.47
1USD-JPY 103.9956 112.75

Welcome to Infrastructure Development Bank of Zimbabwe (IDBZ)

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Procurement Notices

30 Apr 2018
Expressions of Interest

The IDBZ has been mandated to mobilise funds towards costs of developing tertiary students and academic medical staff and students accommodation and related facilities and intends to use part of the proceeds towards payments for consultancy services under this programme.

11 Apr 2018
Expressions of Interest

IDBZ is in the process of concluding the purchase of various properties for the development and construction of state of the art accommodation for health sector, academic staff/students and offices across the country.

News Feed

15 Apr 2018