NRZ plays a pivotal role in economic growth and supports productive sectors by providing relatively cheaper means of transporting bulk goods. Up to 1999 NRZ was performing this role reasonably well until performance started to decline sharply in 2000.
In a bid to enhance revenue collection from electricity sales, ZETDC resolved to migrate from the post-paid system to prepaid and smart metering systems. The project entailed installing 800 000 prepaid metres throughout the country
This is an expansion to the existing Hydro-Electric energy plant by ZPC and is expected to cost US508 million. The EPC contractor is Sino Hydro and the expansion exercise will see two generating units being constructed with the capacity to generate 300 MW of power.
The Osborne Dam Mini-Hydro project will generate 2.5 MW of power and the project site is approximately 35km from Mutare. The expected project cost is US$6.7 million.The project will generate 16 644 MWh of electricity annually.
This involves the construction of 30MW solar plant located in Manicaland province. The project is expected to be completed within 36 months and Zimbabwe Power Company (ZPC) is the promoter of the project.
The 971km project toll involves the dualisation, upgrading and tolling of the highway. The road will be divided into three sections namely; Beitbridge – Harare: 570km, Harare – Chirundu: 342km and Harare Ring Road: 59km.
This project is located in Harare, near the existing Marimba suburb and is expected to deliver 340 serviced stands, with 202 high density stands and 138 medium density stands.
The project is targeted at developing 704 low density residential stands, 26 service industrial stands, 24 institutional stands and 16 commercial stands, 5km outside Masvingo town along the Masvingo – Beitbridge highway.
The bank is embarklng on a project to extend Glen Forest Memorial Park by 10,000 grave units. Glen Forest Memorial Park (GFMP) is a privately owned upmarket cemetery that is located just beyond the Borrowdale Suburb of Harare.
IDBZ has identified a potential housing scheme in Partnership with a Private Housing Developer in Mt. Pleasant, Harare. The project would entail the servicing of low density residential stands, commercial stands, institutional stands and estates on a 119 hectares piece of land.
Disclaimer: The costs under all projects are "Estimated Costs"