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Chegutu Municipality is seeking investors to refurbish Pfupajena Stadium into a state of the art arena in exchange for land.
The offer has been extended to any reputable firm capable of doing the renovations or solely providing funding.
Pfupajena stadium used to be the glory and pride of the farming and mining town, hosting premier league matches but has deteriorated over the past years.
Once restored to full operation the stadium is expected to boost the municipality’s revenue inflows through gate takings during matches and also hiring out the venue.
In a statement, Chegutu Municipality Town Clerk Mr Alex Mandigo said all reputable companies that were interested in the deal should contact council before July 2 this year.
“Chegutu Municipality is inviting eligible, experienced and professional companies who are interested in the upgrading and rehabilitation works of Pfupajena Stadium and ancillary facilities in exchange for a commercial, industrial, residential, or institutional piece of land.
“Council is therefore, seeking a partner who will wholly fund the proposed project works in exchange for either a commercial, industrial, residential or institutional piece of land which may be preferred by the investor,” he said.
The renovation of Pfupajena stadium is among one of council’s 2019 top priorities outlined in the town’s budget.
The other huge projects being carried out in the town include among others, replacing of outdated sewer lines in phases, as part of measures to curb perennial sewerage bursts that were blamed for intermittent water-borne disease outbreaks.
The local authority, which pumps an average of eight mega-litres a day, is also targeting to boost output by about 30 percent through the installation of three new booster pumps at the water treatment plant.
Online Reporter