By Wellington Makonese
THE United Arab Emirates Billionaire Investment Delegation has arrived in the country ahead of the Ground Breaking Ceremony for the Zimbabwe Cyber City as part of government’s Mega Infrastructure development thrust.
The United Arab Emirates billionaire and investor, Mr Shai Ul Mulk and his partner arrived in Harare this Sunday evening, ahead of the ground breaking ceremony set for this Wednesday.
The project, expected to be one of the largest in Africa with an investment of close to US$500 billion, will be constructed in phases, incorporating global cyber standards.
“We are here for the ground breaking of the Cyber City which brings UAE business to Zimbabwe. This is going to be a world class city, with the largest villas in Africa. The first phase will be done within 2 years,” said Mulk.
The facilitating group spoke about government’s infrastructure development thrust and it’s role in opening linkages with foreign investors.
“Driven by the passion to develop our nation ,we met with Mulk in Dubai and sold the idea, having a shared vision with the President and you can see that we can contribute to Zimbabwe’s development,” noted Mr Paul Tungwarara, Facilitator and Prevail International CEO.
The Zim Cyber City to be located in Mt Hampden is one of the mega infrastructure development projects government is initiating.
It will be constructed around the Mega Parliament building which has since been completed.
Part of the infrastructure at the Cyber City include shopping Malls, the biggest tower in Africa and hotels among others.
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