Mosi-Oa-Tunya Development Company

(6th August 2020) 

Cabinet considered and adopted a report on the operations of Mosi-Oa-Tunya Development Company, which was presented by the Minister of Environment, Climate, Tourism and Hospitality Industry.

The company was formed in 2012, as an investment vehicle for the Government in the development of tourism facilities in Victoria Falls. It assisted in mobilising resources for the development of infrastructure and facilities for the hosting of the 2013 United Nations World Tourism Organisation (UNWTO) General Assembly, with initial focus being on the construction of an Integrated Tourism Resort comprising a 5 000-seater Convention Centre as the anchor project.

The 271-hectare piece of land earmarked for this development, which unfortunately failed to take off, has now been identified as the future growth node of Victoria Falls Town.

To operationalise developments on the 271-heactare land, Mosi-Oa-Tunya has developed a draft concept plan, which identifies the projects to be undertaken in the different zones as well as the infrastructure required to attract investment into the area.

Preparations for a comprehensive master plan covering 1 200 hectares in the Masuwe Estate land area are being spearheaded by an Inter-Ministerial Committee of officials and ZIDA. To give impetus to the Victoria Falls tourist and investment Special Economic Zone, Cabinet resolved to expedite processes for the completion of the master plan for the whole of Victoria Falls.

Currently, Mosi-Oa-Tunya Development Company is working with a private sector concern to conduct feasibility studies for the proposed Victoria Falls Integrated Tourism Park in Masuwe Estate. This will pave way for the development of bulk infrastructure facilities at the site. Projects earmarked for this phase include hotels, shopping malls, a medical facility, a convention centre and an upmarket golf course.

Source: Mosi-Oa-Tunya Development Company (06/08/2020)