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Chinese construction giant puts Zim on its radar

03 Apr, 2018 - 16:04 0 Views
Chinese construction giant puts Zim on its radar

eBusiness Weekly

BEIJING  – Chinese conglomerate, China  Communications Construction Company (CCCC) on Tuesday said it had put  together a comprehensive package plan for infrastructure projects in  Zimbabwe.

CCCC, founded in 2005, is a Chinese government owned company which is  involved in the design and construction of transport infrastructure and  port machinery.

It is the largest port construction and design company in China and the  third largest in the world, with annual revenue of over $50 billion.

Briefing visiting President Emmerson Mnangagwa after a tour of the  company in Beijing, China, CCCC chairman Liu Qitao said the company  would soon set up an office in Harare to follow through on the proposed  plans.

“We have proposed a package of project plans for infrastructure  development in Zimbabwe,” he said through an interpreter.

“We are capable of providing good services from planning, construction,  investment, operation and maintenance.”

Liu said they were eager to be part of a new developmental trajectory  in Zimbabwe.

He said some of the projects that CCCC was interested in included water  supply infrastructure, rehabilitation of roads, bridges and building  airports.

In response, President Mnangagwa said Zimbabwe had a huge  infrastructure gap that needed to be filled.

He said for example, most of the country’s road and rail networks  needed upgrades while there was also need for a new Victoria Falls  bridge across the Zambezi River.

“We are looking at the refurbishment of the internal (railway) network  in the country and the creation of a new network in the country, and the  second phase is the construction of a new network from our country  across Mozambique to the North of Beira,” he said.

“We as a government and as an economy we do not have adequate resources  to finance these projects but I believe that you can access funding and  agree on how these projects can be funded in Zimbabwe.”

President Mnangagwa added: “After exposing to me and my delegation the  things I have seen downstairs, I feel that this is the correct place I  am and the ball is now in your court to come to Zimbabwe and partner  with us.”

CCCC and the government of Zimbabwe then signed a Memorandum of  Understanding covering areas of intended co-operation.

One of the flagship projects that CCCC has done in Africa is the  Standard Gauge Railway line in Kenya, which connects the port city of  Mombasa and the capital Nairobi.

The railway line, for passenger and cargo transportation, is 607  kilometres long and cuts the travelling distance between the two cities  by at least six hours. – New Ziana

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