ZIDA Unveils High Impact Investment Opportunities
Tapiwanashe Mangwiro
Senior Business Reporter
THE Zimbabwe Investment and Development Agency (ZIDA) has unveiled some high-impact investment opportunities, with potential investors being offered avenues in real estate and agriculture. With a combined value of about US$100 million, the projects are meant to address urban housing shortages, stimulate tourism growth, and position Zimbabwe as a leading hub for high-tech agriculture. ZIDA is a Government agency established to foster and facilitate both domestic and foreign investment in Zimbabwe. Its core functions encompass investment promotion including actively engaging in activities that attract investors, such as showcasing opportunities, participating in international trade fairs, and building relationships with potential investors. Under the investment facilitation role, it provides comprehensive support to investors throughout their investment journey, including offering one-stop-shop services to streamline the investment process by providing guidance on regulations, licenses, and other necessary approvals. Topping the list of investment opportunities being facilitated by ZIDA is a real estate project in Harare’s Central Business District. The Government is seeking investors to redevelop three dilapidated structures, replacing them with modern 10-story blocks comprising 300 residential units. ReadMore