Bulawayo City Council has been advised to approach the African Development Bank (AfDB) to access possible funding worth US$600 million to implement its new master plan, in line with the country’s Regional, Town and Country Planning Act.
The local authority is currently in the process of reviewing its master plan, which was prepared in 2000 as a review of the 1982 master plan, the first such plan produced in Zimbabwe under the then 1976, Regional, Town and Country Planning Act. AfDB executive director Judith Kateera, who was in Bulawayo last week, said the financial institution was moving towards funding large capital projects, as they were easier to monitor and were impactful to people.
“Hence the recommendation I have made to the mayor (Solomon Mguni) that they must start preparing their concept note for your master plan,” Kateera said.
“$600 million is not a lot of money for the bank. It’s doable.” — Cite
