The Cabinet has approved a Public-Private Partnership (PPP) between the Ministry of Transport and Infrastructural Development and Zwane Enterprises (Private) Limited for the upgrading, construction, and tolling of the Old Gwanda Road. This initiative was presented by Honourable Mthuli Ncube, the Minister of Finance, Economic Development, and Investment Promotion, who chairs the Public Private Partnership Committee.
Zwane Enterprises (Private) Limited, a company incorporated in Zimbabwe, will undertake the upgrading and construction of the 120-kilometre Old Gwanda Road from Bulawayo City through Matobo to Gwanda. This road will reduce the travel distance between Bulawayo and Gwanda by 6 kilometres compared to the existing route via Esigodini, Mbalabala, and Colleen Bawn.
The project will follow a Build-Operate-Transfer (BOT) model. Construction is slated to be completed in 12 months at a total cost of US$110 million. Zwane Enterprises will finance the entire project and will recover its investment through toll collection along the road.
Positive Eye News
