THE tourism sector has submitted proposals for projects worth $90 million to the Zimbabwe Investment Authority, as part of efforts to court investors to partner in the implementation of the projects.
Report by Gamma Mudarikiri
The sector listed a total of 15 projects spread throughout the country.
Some of the projects include the construction of accommodation lodges for tourists in Kariba at a cost of $40 million, construction of an 80-room hotel with conference facilities in Bindura at a cost of $11,06 million.
An investment of $17,36 million is also required in the upgrading of existing accommodation and conference facilities at Lake Chivero in Harare, while building of lodges and hunting safari facilities in Victoria Falls will need an investment of $7,5 million.
At the Great Limpopo Trans-Frontier Park, a 15-year lease has been secured including planning permission and preliminary environmental approval for the construction of tourist accommodation at a cost of $320 000. Hwange Safari Lodge is also in the hunt for a foreign investor to refurbish its facilities and restock wildlife at an estimated cost of $445 000.
In Bulawayo, a project to offer tourist facilities including setting up restaurants, camping facilities, boating and rowing worth $100 000 has also been submitted to court an investor. Tourism remains one of the key sectors of the economy and is expected to contribute 15% to gross domestic product next year.
In the first quarter, the country recorded a 17% increase in tourist arrivals with all major markets registering increases.
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