US$200 million Vic Falls tourism project comes alive

THE implementation of Masuwe special economic zone in Victoria Falls is well on course following the completion of a feasibility study by Mosi-Oa-Tunya Development Company, a Cabinet Minister has said.

In a post-Cabinet media briefing yesterday, Information, Publicity and Broadcasting Services Minister, Senator Monica Mutsvangwa, said the project will be implemented in two phases.

“Phase One entails the construction of bulk water supply systems for the entire Masuwe Special Economic Zone and the development of internal water, sanitation, roads and storm-water drains at an estimated cost of US$120 million,” she said.

“Phase Two will witness the development of the remaining 930 hectares at approximately US$85 million.”

Minister Mutsvangwa said the project, which is expected to be completed within two years, is meant to boost tourism activities in the area.

Meanwhile, Old Mutual Life Assurance is set to construct a 4-star hotel in the same zone.

“The nation is further being informed that Old Mutual Life Assurance Company will construct a 4-star hotel with a 5 000-seater conference facility, medical tourism facilities, a golf estate and a shopping mall on land which Government will allocate,” said Minister Mutsvangwa.

“The project will comply with all relevant environmental statutes, including the use of solar to provide clean energy.”

Source: US$200 million tourism project comes alive (22/03/2023)

See Also:

Victoria Falls Bits and Blogs (15th September 2019) Old Mutual to construct ‘massive’ hotel in Vic Falls.

Victoria Falls Bits and Blogs (2nd June 2021) Old Mutual, Govt strike Vic Falls land deal for new hotel project.

Victoria Falls Bits and Blogs (24th March 2023a) How a ‘Gold Mafia’ is looting Southern Africa, washing dirty cash.

Victoria Falls Bits and Blogs (24th March 2023b) Govt okays Victoria Falls SEZ.

Victoria Falls Bits and Blogs (26th March 2023) Old Mutual gets Vic Falls.