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THE Zimbabwe International Trade Fair (ZITF) Company has begun preparations for the construction of its US$12 million five-star hotel project at the company’s exhibition grounds in Bulawayo.
This comes after the firm invited companies to submit expressions of interest to undertake the construction work on the project.
The development, which will transform Bulawayo’s skyline, is also expected to open up new opportunities in Zimbabwe’s construction industry.
A new three or five-star hotel, valued at US$12 million, will soon rise within the Zimbabwe International Exhibition Centre precinct, part of the ZITF Company’s wider vision to build a modern and world-class business tourism hub.
The hotel project, according to company officials, is not just a landmark investment in infrastructure; it is a major catalyst for employment creation and material supply opportunities across the construction value chain.
In a development that signals the start of construction preparations, ZITF Company has invited Expressions of Interest (EOIs) from qualified local and international firms.
In a notice issued on Monday, the trade exhibition firm, which has already secured a development partner who committed US$12 million to the project, also called for parties to design, fund and construct a convention centre, an office tower and a theme park.
According to the notice, companies submitting EOIs must have at least 10 years of experience in relevant large-scale development projects.
Online Reporter