Outlook improves for construction industry

have remained the major setback.
Speaking at the Harare Agricultural Show yesterday, Intercrete Tiles and Bricks managing director Mr Peter Shoniwa said a number of people willing to construct were being hampered by lack of credit facilities.
He said his company was operating at 90 percent capacity and was being hampered to reach full capacity by the prevailing liquidity crunch.
“A number of companies do not have credit facilities while the public is failing to get security to access loans from banks,” he said.
The company’s sales and operations manager Mr Langton Musada said this was derailing activities in the construction industry.
“Intercrete is in the process of engaging banks to avail credit schemes to those willing to build,” he said.
He said that at the moment his company was offering storage for customers who would have bought building materials.
“Customers can buy their building materials in batches and we store for them for up to three months before they collect.
“This will make it cheaper for them considering that transportation will only be done once,” he said.
Mr Shoniwa said his company also offers transport for a fee and the benefit was that breakages would be replaced.
Intercrete Zimbabwe Pvt Ltd supplies building products namely concrete roof tiles, ridges, bricks, pavers, window sills, roofing timber, nails and bolts and trucks for transportation.
Intercrete Zimbabwe also guarantees delivery of all its products within 24 hours with zero percentage breakage rate.
The company has donated soccer kits to football teams in the social league.
It has also donated building material to Ruwa Town Board.