Financing model for Beitbridge-Harare and Chirundu Highway approved

An inter-ministerial committee has approved the financing model of the dualisation of the Beitbridge-Harare and Chirundu Highway, paving way for commencement of the construction of the billion dollar project, an official has said.

Secretary for Transport and Infrastructural Development Mr Munesu Munodawafa said the agreement between financiers and the Government had been sent to the Attorney-General's office.

Mr Munodawafa said this while addressing members of the parliamentary portfolio committee on Transport and Infrastructural Development and Thematic committee on Sustainable Development Goals during a pre-budget stakeholders consultative meeting attended by parastatals falling under the ministry.

Mr Munodawafa said the project will be done in two phases.

"That project is being done in two sections, the first section from Beitbridge to Harare is being done on Public Private Partnership/Build Operate and Transfer (PPP/BOT) basis and it is full dualisation. The second section will be done through loan facility. So there are two funding models on that one road," said Mr Munodawafa.