News / National
Chinese company plans to buy Zimbabwe prison complexes
10 Sep 2012 at 00:32hrs | Views
A Chinese company plans to buy several prison complexes located close to CBDs in cities and towns in Zimbabwe and convert them into China City Malls, highly placed unnamed sources have said.
Senior officials in the ministry of Justice and Legal Affairs and the Zimbabwe Prison Services last week said negotiations for the acquisition of the Harare Central Prison and Remand Prison and staff houses close to Newlands were at an advanced stage, while talks for the takeover of other properties were still to begin.
An official said the Chinese wanted to raze down the prison complex and staff houses and develop a China City with several shops, a hotel, wholesale shops, a market and restaurants in a deal said to be worth millions of dollars.
Senior officials in the ministry of Justice and Legal Affairs and the Zimbabwe Prison Services last week said negotiations for the acquisition of the Harare Central Prison and Remand Prison and staff houses close to Newlands were at an advanced stage, while talks for the takeover of other properties were still to begin.
An official said the Chinese wanted to raze down the prison complex and staff houses and develop a China City with several shops, a hotel, wholesale shops, a market and restaurants in a deal said to be worth millions of dollars.
Source - standard