Mutare lures Chinese investors

Chinese investors have shown interest in building houses for low income earners, which could reduce the city’s 45,000 housing waiting list by 45 per cent.

The deal was initiated by the Acting Mayor, George Jerrison who was in Beijing last month on a week-long workshop. He told The Zimbabwean: “I met several investors in China who are interested in building houses for home-seekers in Mutare. One of them will visit Mutare at the end of October to assess the land that we have available.”

Jerrison added that the investor, who is involved in a similar project in South Africa, had indicated that they would 20,000 units with two to three bedrooms.

Meanwhile, a Chinese delegation from Xinyu city visited Mutare last week and signed a Memorandum of Agreement with the City Council aimed at promoting economic, cultural and educational relations.

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