Mnangagwa To Preside Over Ground-breaking Ceremony For US$3.6 Billion Industrial Park

The
project,
covering
5,100
hectares,
includes
a
coking
plant,
a
ferrochrome
smelting
plant,
and
a
1,200MW
coal-fired
power
plant.

Surplus
electricity
will
be
supplied
to
the
national
grid,
and
the
ferrochrome
plant
will
support
special
and
stainless
steel
production.

The
first
phase
is
a
joint
venture
between
the
Government,
Xintai
Resources,
and
Tuli
Coal,
with
coal
sourced
from
Tuli
Coal
Mine
for
both
local
and
international
markets.

Mines
and
Mining
Development
Ministry
deputy
director
of
communications,
advocacy
and
mining
community
sustainability,
Wilfred
Munetsi
said
preparations
are
complete
for
the
President’s
visit
to
Beitbridge.
Said
Munetsi:

We
have
covered
a
lot
of
ground
in
terms
of
planning
and
we
are
ready
for
the
ground-breaking
of
the
project
by
President
Mnangagwa.

The
project
covers
an
area
of
5,163
hectares
and
is
planned
to
be
constructed
in
five
phases,
with
a
total
construction
period
of
12
years.

The
construction
period
of
the
first
phase
of
the
project
is
two
years,
with
a
total
investment
of
US$237
million,
mainly
used
for
the
construction
of
an
annual
output
of
200
000
tonnes
of
ferrochrome
and
supporting
coal
mines,
coking,
infrastructure
and
other
projects.

In
order
to
meet
the
raw
materials
required
for
production
in
the
park,
resource
guarantee
bases
have
been
established
in
Tuli
and
Wanji
respectively.

Munetsi
said
the
Palm
River
Energy
and
Metallurgical
SEZ,
once
completed,
will
become
the
world’s
most
cost-effective
and
competitive
energy
and
metallurgical
zone.

The
project
will
focus
on
energy
recycling,
green
power
from
photovoltaics,
and
using
waste
heat
for
power
generation.
This
energy
will
be
reused
for
industrial
projects
within
the
park.

In
addition
to
creating
thousands
of
jobs,
Munetsi
added
that
the
project
will
provide
technical
training
to
Zimbabwean
workers,
enhancing
their
skills
through
technology
transfer
and
practical
experience.