Zim secures $2,3bln tourism deals

 

 HARARE – Zimbabwe said Tuesday it clinched tourism-related investment deals worth US$2.3 billion at a travel fair last week. 

The country held a four-day travel fair last week, attended by hundreds of international investors and exhibitors. Zimbabwe Tourism Authority chief executive Karikoga Kaseke said a number of deals to build new hotels and holiday resorts had been signed at the fair. “The business deals are worth US$2.3 billion of which US$500 to US$600 million worth of deals are already sealed,” he said. 

“The investors for the remaining deals are still in the country to conclude finer details,” he added. Tourism, once one of Zimba­bwe’s biggest industries, has suffered the most from the country’s political crisis in the last 10 years. There are, however, signs of revival after President Robert Mugabe agreed to form a coalition government at the beginning of the year. Kaseke said among the deals were plans to build five-star hotels in the capital, Harare, and the resort town of Victoria Falls. – New Ziana – PANA had had enough of her sexual escapades Mercy was reported to have married a Zambian businessman 

October 2009
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