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    Friday, 25 August 2017

    Construction Industry Federation of Zimbabwe

    2017 Annual Congress to be held in Masvingo

    The Construction Industry Federation of Zimbabwe (CIFOZ) is a non-profit contractors' association formed in 1915. It has approximately 600 members in a diversity of Building, Civil engineering, Specialist Services, Sub contractors, Suppliers and hirers of Earthmoving Equipment, Manufacturing & Suppliers of building materials.
    CIFOZ is more than 100 years which is not just an ordinary achievement and we greatly believe that every member of CIFOZ served as the conduit to this achievement. To the existing members we appreciate the support, participation and for being ambassadors of CIFOZ, continue to lift the 100 years banner high.
    The 2017 CIFOZ Congress will be held at the Great Zimbabwe Hotel in Masvingo from Thursday 24 to Saturday 26 August 2017. The Congress will run under the theme: "Construction in a Global Built Environment; Leveraging on more than a Century of Excellence".
    The Congress will be attended by CIFOZ members, Government Officials, Built Environment Professionals, Regional and International Professionals, Financiers, Embassies, Tertiary Institutions, Rural and Urban Councils and other relevant stakeholders in our industry.
    The building and civil engineering divisions are complimented by specialist services/sub-contractors. These are contractors who add value to the structures in their different disciplines as follows; electrical, plumbers, joinery and shop fitting, Acoustic engineering heating, ventilation, air conditioning and refrigeration engineers, structural engineers, fire protection and sprinkler engineers and others.
    The associate and/or suppliers of construction materials includes manufactures and retailers of construction materials. The products consumed by the construction industry includes cement, bricks, quarry stones, doors, ceiling, paint, electrical material, tiles, window glasses, granite stones and other building hardware materials. 
    The days of design-bid-build domination might be winding down, as experts expect collaborative approaches to become more common for projects. Design-Build, Public Private Partnerships and Integrated project delivery are construction methods that are being adopted in the Construction Industry globally. There is a continuing and expanded trend towards project team collaboration which will result in more clean resource mobilization and project implementation. The concept of joint ventures and/or consortia has proved to be a game changer in improving capacity. This will result in increased human resource expertise. The joint of two or more companies results in more effective and efficient delivery of projects due to increased plant and machinery and improved balance sheets when the companies bring together their financial resources.    
    Construction firms are cautious optimistic for a future infrastructure spending boost. The advent of International Financiers like Geiger International coming into play on the Beitbridge – Harare road will open the gate for more firms who were skeptical on investing in Zimbabwe. This will result in improved Foreign Direct Investment which will also probe domestic investment as the industry will become a cash cow for investors. The country has already shown the appetite to improve the industry by embarking on other projects which include the Hwange power station expansion and the plans underway to construct the new parliament building in Mount Hampden. Local banks have also responded to the growth of the industry as seen by banks like IDBZ, NBS, CBZ, FBC and other property developers taking on housing projects in a bid to ease the ballooning housing back log in the country.    
    The congress will be graced by professional and experienced local, regional and international speakers which will give delegates time to learn on how businesses have survived in a period when governments have no funding for capital projects. Case studies will be highlighted to give the challenges faced and how they were mitigated giving way forward solutions. Vast knowledge on technological improvements will also be showcased at the backdrop of new methods of construction.
    Businesses complement each other hence the need for an interactive networking platform during the congress. Business to business sessions will be there for companies to have opportunities to share ideas and strike working deals. Companies will also have the opportunity to identify funders both locally, regionally and internationally.
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