By Tafara Chikumira
CONSTRUCTION works at the US$1 billion Manhize steel plant are moving at a fast pace following the arrival of the furnaces at the site, a show of the investor’s seriousness in escalating the setting up of the plant.
The furnaces, worth millions of US dollars, arrived at the plant this Monday after months of shipment from China via Durban, South Africa.
All the equipment being installed is brand new and the investor is set to seed more capital equipment after the project was granted national project status this year.
The granting of the project status saw it being included in the government’s 100-day priority projects, with the Minister of State in President’s Office in charge of Implementation and Monitoring, Dr Joram Gumbo set to assess progress at the plant this Wednesday.
The Manhize Steel plant, which is being set by Dinson Iron and Steel Company (Disco), a subsidiary of the giant steel producer, Tshingshan Holdings Group, will be Africa’s biggest iron and steel producing plant.
The setting of the plant will also culminate in the establishment of a new town in Manhize.
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