Masvingo ZCSME gears for 40% stake in dualisation of Beitbridge-Chirundu road

PRECIOUS MARECHA MASVINGO - Zimbabwe Chamber of Small and Medium Enterprises (ZCSME) Masvingo chapter has started preparations for registrat...




PRECIOUS MARECHA

MASVINGO - Zimbabwe Chamber of Small and Medium Enterprises (ZCSME) Masvingo chapter has started preparations for registration of companies that will take part in the construction of the long awaited dualisation of the Beitbridge-Chirundu Highway.
The chamber members met at a local church recently where a number of issues were discussed on how the SMEs from the province will benefit from the massive project which is set to begin in less than six month secretary of the Masvingo Small to Medium Enterprise (MSME) Bigie Kwangwa confirmed to The Mirror.
He said that under the memorandum of agreement signed between the Government and constructor Harbour Engineering of China and Austria 40% of the work has to be subcontracted to locals in which the road is being constructed.
"The road has been divided into eight segments and 40% of the work is subcontracted to locals who fall in that segment and ours stretches from Bubi to Chaka business Centre in the Midlands Province," Kwangwa said.
He said they agreed at the meeting for the need to establish an office that will coordinate their activities like the registration of companies that will bid for contracts and effective communication.
"Members are free to register in any category from airtime vendors, money transfer agencies, food suppliers, security and all construction services including labour just to name a few.
"For one to be a member of the SMEs there is a joining fee of $50," added Kwangwa
The main contractors of the 897km highway which stretches from Beitbridge to Chirundu are Austrian construction company Gieger Pvt Ltd and China Harbour Engineering.
According to Minister of Transport Infrastructural Development, Joram Gumbo the construction of the highway is to be completed within three years and will be done under built operate and transfer (BOT) programme at a cost of $2.7billion.
The Beitbridge-Chirundu Highway project was cited as  one of the major projects under Government's ZimAsset economic turn around blueprint and was intially awarded to a grouping of local firms who operated under the banner Zim Highways Consortium in 2002 but failed to raise the required capital leading to the tender withdrawal.
A dispute arose between the Government and the Consortium leading to the later approach the courts for relief.
The case was resolved last year.business news

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The Mirror: Masvingo ZCSME gears for 40% stake in dualisation of Beitbridge-Chirundu road
Masvingo ZCSME gears for 40% stake in dualisation of Beitbridge-Chirundu road
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