Story by Courage Bushe
PUBLIC private partnerships continue to bear fruit as witnessed by the completion of 100 housing units and servicing of 1 800 residential stands by a local financial institution in Zvishavane.
Zvishavane town is undergoing massive transformation, courtesy of infrastructure projects being implemented by various stakeholders.
“The government is working to ensure that the cost of doing business in Zimbabwe is manageable so that housing developments remain within reach for many citizens. It is in this vein that we complement government efforts of leaving no one and no place behind. Our mandate as the private sector is to ensure that Vision 2030 is achieved. We call other private players to follow suit and make sure the national target is achieved,” FBC Holdings Limited Group CEO, Mr Trynos Kufazvinei said.
The Minister of National Housing and Social Amenities, Honourable Zhemu Soda toured the projects in Zvishavane this Thursday and emphasised the importance of public-private partnerships in efforts to deliver one million housing units by 2030.
“The private sector’s involvement is crucial in complementing our efforts to meet the housing demand. We initially planned for 220 000 housing units within the National Development Strategy 1 (NDS1) framework, as we were uncertain about the level of private sector involvement. However, as we saw more real estate partners coming on board, we had to adjust our target to one million housing units. The private sector has made a significant contribution to reducing the housing deficit,” the Minister of National Housing and Social Amenities, Honourable Zhemu Soda noted.
The government has facilitated private sector involvement in housing development through the creation of a robust and conducive legislative and policy framework, as well as providing land.
