Online Reporter
Sikhulekelani [email protected]
HWANGE Local Board says the district has recorded remarkable investment growth over the past few years, cementing its position as one of Zimbabwe’s key economic hubs through major energy, mining and infrastructure projects.Responding to questions from the
Zimpapers Business Hub, Town Secretary Mr Ndumiso Mdlalose said Hwange’s achievements are anchored on its status as Zimbabwe’s energy capital and its proximity to world-renowned tourism attractions.
He said the district now hosts eight coal mining operations, several coal processing plants and two independent power stations, which have significantly boosted economic activity and employment creation.
“Over the past few years, Hwange has witnessed remarkable investment growth, reinforcing its position as one of Zimbabwe’s key economic hubs,” said Mr Mdlalose.
“The district has seen the establishment of eight coal mining operations, several coal processing plants and two independent power stations, all of which have contributed significantly to economic activity and employment creation.”
Mr Mdlalose said substantial development has also occurred in the housing sector, driven by strategic partners including Zimbabwe Power Company, Hwange Electricity Supply Company and FBC Building Society.
“Individual investors have also played a key role through the construction of residential houses and commercial buildings, demonstrating growing confidence in Hwange as an investment destination,” he added.
The board has deliberately repositioned Hwange from a coal town into a diversified hub combining tourism, energy and mining.
This shift has attracted a broader range of investors into hospitality, retail, education and service industries that support both the mining and tourism sectors.
Mr Mdlalose credited the Government’s Zimbabwe is Open for Business policy for turning around investment flows.
“Historically, investment in Hwange was relatively slow. However, following the Government’s adoption of the Zimbabwe Open for Business policy, the district has experienced a notable increase in investor interest, particularly from Chinese investors involved in coal mining, coal processing and energy generation,” he said.
He added that these investments have positively impacted economic growth, job creation and infrastructure development across the district.
To sustain the momentum, Hwange Local Board has adopted a proactive investment promotion strategy, showcasing opportunities at the Zimbabwe International Trade Fair (ZITF) and the Matabeleland North Investment Conference, while also using media and social platforms to reach potential investors.
The Council remains committed to creating a conducive investment environment through the provision of serviced land, efficient administration and strategic partnerships,” said Mr Mdlalose.
Local Board said the district offers a wide range of investment opportunities across several key sectors of the economy, including energy, mining, manufacturing, construction and engineering, tourism, commerce and retail.
As Zimbabwe’s energy capital and home to major mining and power generation projects, Hwange continues to experience significant economic growth, creating demand for supporting infrastructure, housing, commercial facilities and various support services.
Mr Mdlalose said this presents investment opportunities in renewable energy projects, industrial and commercial property development, residential housing schemes, shopping centres, hospitality facilities and tourism-related ventures.
He said the district’s strategic location, abundant natural resources and proximity to world-renowned tourism attractions make Hwange an attractive destination for investment.
Opportunities also exist in the development of hotels, lodges, conference facilities, educational institutions, recreational amenities and service industries that support both the mining and tourism sectors.
