Zimbabwe needs $16bn for road rehabilitation
24 March 2011
Zimbabwe is looking for a $16 billion (£10 billion) investment in the transport infrastructure of the country.
According to the Zimbabwe Standard, the country's roads used to be considered among the best in southern Africa, but this is no longer the case.
Deputy transport, communications and infrastructural development minister Tichaona Mudzingwa told the paper the government cannot afford to improve the infrastructure.
Because of this, he noted at least 60 per cent of future investment in roads has to come from the private sector if enhancements are to be made.
Mr Mudzingwa observed investors from China have already showed an interest in potential projects.
Some $1 billion is required to rehabilitate primary and secondary roads, while a further $1.7 billion is needed to carry out the dualisation of trunk roads.
The country's water infrastructure was recently augmented thanks to a four million South African rand (£346,000) injection from the South African government.