From the intersection of Harare Drive and Second Street Extension proceed along Harare Drive and to the left side after the Manzil residential area there is an open space which is the Sumben project location.
The Bank undertook the reconstruction of education facilities damaged by Cyclone Idai under a budget support of ZW$2.5Million.
As a national Development Finance Institution mandated to support the delivery of infrastructure throughout the country, the IDBZ is keen to consider and enter into mutually beneficial partnerships and joint ventures from all regions of Zimbabwe. The Bank is committed to ensuring broad-based and inclusive growth through the delivery of infrastructure in all the Provinces of Zimbabwe.
As part of the IDBZ’s mandate and mid-term strategy (2016-2020) focus on development of infrastructure in various sectors of the economy which includes housing, energy, transport, water & sanitation and ICT sectors, the Bank, in direct response to the Cholera outbreak, partnered the City of Harare in providing necessary emergency interventions on the core infrastructure in the most vulnerable areas and nodes.
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.
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.
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.
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.
Disclaimer: The costs under all projects are "Estimated Costs"