Sponsored Listings:
Touchroad Holdings Group, a Chinese multinational company, is planning to develop a USD 7 billion tourism city in Zimbabwe. Dr Karikoga Kaseke, Chief Executive, Zimbabwe Tourism Authority (ZTA) said that there had been massive interest from Chinese businesses in the local tourism sector and the Touchroad Chairman was expected in the country to explore investment opportunities.
Citing that the tourism city would be located outside Bulawayo or Harare, Dr Kaseke said, “The tourism city to be developed will require an investment of about USD 7 billion and the city will be bigger than the Harare CBD (Central Business District).”
With effect from next year, Chinese tour operators will be selling the Zimbabwe holiday destination, revealed Dr Kaseke.
The tourism city concept is already working in South Africa’s Sun City, a place which currently houses many of the country’s tourism activities.
Touchroad is the first Chinese private enterprise to build a special economic zone in Africa – the Touchroad Djibouti Special Economic Zone (TDSEZ). The zone is expected to be a fulcrum of China’s Belt and Road Initiative in Africa.
Touchroad conducts business interests in more than 20 African countries, as well as Europe and America. It has now become a multinational business with interest in international trade, investment, cultural exchanges, tourism, industrial development of parks and construction of special economic zones.
Source: travelnewsdigest.in
 said that there had been massive interest from Chinese businesses in the… "Pin It")