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

  • ​Energy & Power Supply

    Energy sector continues to grow in Zimbabwe with demand outstripping 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.

  • ​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. Expected implementation period is 18 months. 

  • 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.

  • Water & Sanitation

    The project will involve the construction of water pipeline from Zambezi River to Mtshabezi Dam. Feasibility studies are still to be done hence the true cost of the project are yet to be ascertained. This is an ambitious project in Matabeleland North Province in Zimbabwe.

Key Indicators

Foreign Currency Exchange Rates

Tuesday ,28 February 2017

Foreign Exchange Rate

ZAR     12.3475
GBP     1.1815
EUR     1.0059
BWP     9.8526
JPY     106.9170
CHF     0.9425

Welcome to Infrastructure Development Bank of Zimbabwe (IDBZ)

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News & Press Release

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Procurement Notices

29 Oct 2016
Expressions of Interest

To this end, the IDBZ intends to build a live, online databank of service providers.In the execution of its mandate, the IDBZ regularly requires the services of Suppliers, Contractors and Consultan

29 Sep 2016
Request for Qualifications

In the execution of its mandate, the IDBZ regularly requires the services of Suppliers, Contractors and Consultants in the sectors of energy, transport, water and sanitation, ICT and housing.