Social Issues EDUCATION

Ensure the construction of more Universities

In progress
Sep 2019

IDBZ preps for CUT accommodation project September 10, 2019

IDBZ is now working on project preparation for the multi-million dollar development of a five block student accommodation facilities at Chinhoyi University of Technology (CUT). The CUT student accommodation complex entails the construction of five student hostel blocks with a base bed capacity of 1 512 students inclusive of extension existing services to new facilities.

Feb 2019

Construction of a shopping mall at UZ February 19, 2019

Construction of a shopping mall at UZ using Mt Pleasant Hotel Pvt Ltd Joint Venture Company is to start in February 2019.

Feb 2019

Construction of a medical school at NUST February 19, 2019

An agreement was signed with BancABC for the construction of a medical school at the National University of Science Technology (NUST). The project is now ready for implementation.

Jul 2018

IDBZ signs MoU with Chinese firm July 13, 2018

The Infrastructure Development Bank of Zimbabwe has signed a memorandum of understanding with Wah Kong Enterprises Limited (WKEL), which will see the Chinese firm partnering the bank to implement university students and staff accommodation projects.

The main objective of the project is to provide students accommodation at four of Zimbabwe’s eleven (11) state universities. When completed, the projects will directly benefit nearly 4 000 students.