US $160m trade hub to be constructed in Zimbabwe

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A US $160m trade hub is set to be constructed in Kanyemba Zimbabwe aimed o boost business and trading relations amongst Zimbabwe, Mozambique and Zambia.

Zura Southern Africa, an American company announced plans to develop the hub set to be the first of its kind. The project is in line with the Kanyemba town development program which is is in the process of transforming Kanyemba into a border town that will not only be the nerve centre of development in Mashonaland Central, but neighbouring Mozambique and Zambian villages.

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Trade hub

“The project is scalable and self-sustainable with solar power and establishment of a vocational school that will provide us with skilled labour. We will bring our best practices here. We will create a customs system that will be used by the three countries to make it easy for trading. We are here to build, own and operate to world class standards. We will safeguard fees and taxes owed to government. We are here to make a transparent, well-structured, run and accounted logistics operations,” Zura Southern Africa founder, Darren Moore.

Kanyemba is a village in the district of Mashonaland Central in Zimbabwe that shares boundaries with Luangwa district in Zambia and Zumbo in Mozambique. It is in this same area that also three rivers from these countries meet, Mwanzamutanda, Luangwa and the mighty Zambezi River.

It is also in this same area that Zimbabwe, Zambia and Mozambique are also working towards the construction of a Y-link bridge that will create the shortest route linking up the three countries, and the bridge will also be used by heavy trucks across the Zambezi into Zambia and Mozambique.

The Y-link bridge will also provide an alternative to the north-south corridor initiative within the SADC region, and Zura Southern Africa said it will participate in the construction of a landing bay when the time comes.