Zimbabwe has signed a comprehensive agreement with unnamed Chinese investors for the construction of its ‘Disneyland in Africa’, a tourism and conference theme park in the resort town of Victoria Falls, the Tourism Minister said today.
In 2013, the impoverished southern African nation said it had set aside 300 hectares of land to build a state-of-the-art conference centre to house hotels, businesses, shopping malls, banks, exhibition and entertainment facilities such as casinos near the Victoria Falls International Airport.
The theme park, whose costs have been put at $460 million, is seen as crucial to rebranding the country dogged by perceptions of political volatility and human rights abuses, using the formula that has worked in California, Florida in the United States and Paris in France.
“We have signed an overarching agreement with some Chinese developers for a master plan to develop 300ha of land between the (Victoria Falls) airport and Masue River. We need to drive the convention business and direct traffic to ourselves,” Mzembi told journalists at a press conference.
“Already we are looking at 2020 where we are dreaming of a $5 billion tourism sector in Victoria Falls alone.” said Minister Mzembi.- The Source
(154 VIEWS)
This post was last modified on June 21, 2017 6:53 pm
Britain says amendment of the Zimbabwe constitution is a sovereign, legislative matter for Zimbabwe to…
It is now 47 years since I wrote the short story below for a South…
Zimbabwe has released its 2026 monetary policy statement in which it seeks to stabilise its…
Far from it, on paper that is. Ignatius Chombo was one of the longest serving…
Zimbabwe on Thursday announced a ZiG290.9 billion budget with revenue expected to be ZiG287.6 billion,…
The International Monetary Fund says Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated…
