admin
Mr Chiyangwa, who is now serving his second and final term, was re-elected during an annual general meeting in Bulawayo last week.
Mr Gift Godfrey Mpofu, the chief executive of the MCD group of companies, also joined the Cifoz executive.
Mr Chiyangwa said the organisation had lived up to its word and code of conduct by revamping the nation’s infrastructure, which had declined due to economic hardships affecting the country over the years.
“We have opened schools and we are servicing over 1 500 residential stands in Waterfalls. We are also constructing the largest maternity home in Africa,” he said.
Mr Chiyangwa said the maternity home, which was being constructed in Borrowdale, had over 700 beds and was one of the largest Cifoz projects among many others such as the Zimbabwe Platinum Holdings’ Ngezi
Phase 2 project.
In March Cifoz started mobilising US$250 million for the resuscitation of the country’s infrastructure that had fallen well below standards for the past 10 years.
The construction sector is capable of employing more than 35 000 people but the figure dropped to just over 3 000 in 2009.
Mr Chiyangwa said Cifoz was developing numerous projects that had seen the construction industry employing many people.
“Working hand in hand with foreign investors, Cifoz employment figures have managed to rise as there are a lot of projects underway,” he said.
Bongani Ndlovu