Investment Policy

In order to fulfil our Mission and Vision statements, the City of Masvingo endeavours to create a flourishing industrial and commercial hub in Zimbabwe.

To realise this dream, we have come up with an enabling Investment Policy to stimulate industrial and commercial activity in the city. The City of Masvingo investment policy hinges on the following three major strategies:

a) Striving to ensure accessibility availability of both Industrial and Commercial land for development at affordable price as well as facilitating the speedy provision of necessary services such as water, electricity, telecommunications and transport network to enable economic activity to take off.Endeavouring to ensure the increased participation by both international and local investors through the granting of an attractive INCENTIVE PACKAGE capable of luring investors into our city and province. To achieve this objective, we seek to disseminate relevant information to prospective investors.Eradicating bureaucratic delays when dealing with prospective investors by adopting the slogan: “NO RED TAPE ...LOTS OF RED CARPET”

Masvingo Investment Incentives.

The Masvingo City Council offers finest incentive packages in the country. As you scrutinize our program, you will find it good and the following are the incentives:

1.NEGOTIABLE RATES MORATORIUM

Our negotiable rates moratorium is categorised by the amount of investment used for new industial development. 

2. WATER TARIFFS

As an added bonus, council offers free water usage throughout the construction for both industrial and commercial development.
Special concessions on water tariffs are also available on ay bulk users.

3.SHOPPING

Masvingo is a well-developed contemporary town offering good shopping facilities ranging from four major supermarkets to wholesalers, to morden bakeries and a comprehensive list of service-type industries geared towards benefiting local residents.

4.SPORT

The Masvingo sports club is an excellent facility offering golf, tennis, bowls, rugby, cricket, squash, badminton and hockey. These activities are complimented by a full clubhouse and dining room. There are three very active 1st Division soccer teams which use the magnificent Mucheke stadium as their home field. Also the high density area offers tennis, basketball, cricket and boxing facilities.

5.INFRASTRUCTURE

Our roads and rail links connects Masvingo with Bulawayo, Harare, Gweru, Mutare and Beitbridge to South Africa. The well-established Masvingo airport offers regular service from Harare. An area surrounding the airport has been designated as an export processing zone. A very active city council is committed in extending all areas by providing full services including tarred roads, water and sewerage.

Ease Of Doing Business

To facilitate investment, the City of Masvingo has streamlined our processes to reduce the time it takes investors to commence business operations in terms of licensing, building plan approvals, issuing of development permits and provision of ancillary services. Find Out More

EASE OF DOING BUSINESS DOCUMENT

Approval of Commercial/Industrial Building Plans

Applicant is required to pay the cost of land and other fees to be eligible to submit Building Plans. Plan Approval Fees (PAF) are levied using a formula that takes into consideration the size of the stand. The Building Plan should be drawn by a qualified Architect or Draughtsman.

Trading Licences

Applicant is required to complete the License Application Form provide link FORM LS2 which can be downloaded from  www.masvingocity.org.zw or collected physically from Office Number 9, First Floor, Administration Block, Civic Centre offices.

Application for Commercial/Industrial Stand

New License application

For new license applications, the applicant is required to submit copy of utility bill, tax clearance certificate, company registration documents, copy of national ID or positive identification for private individuals. View/Download Licence application form

Premise Inspections

Premise pre-licensing inspections are made by the Health Department within (2) days of submitting an application.

License Expiry

Trading licenses expire on the anniversary date of issue to avoid accruing penalties. Business operators are kindly reminded to renew licenses before expiry.

2020 Licence Fees Schedule- CT

Separation Of Inspection From License Renewal

The City Health Department does not link routine inspections with license renewals although any failure to comply with the city’s health standards/regulations is addressed immediately and rectified accordingly.

Receipt of business proposals.

We acknowledge receipt of business proposals within five working days.

Property Registration

Upon receipt of applications for cessions or title, internal processes are completed within 7 working days.

Water & Sewer Connection

Water connection is effected on the premises upon approval of the Building Plans within a period of three days for commercial and industrial premises.

Subject to approval of various stages of development of a commercial/industrial premise, sewer connection will be effected within (7) working days from the date of application.

Council will also liaise with the electricity utility for connection.

Investment Opportunity In Masvingo

A). Commercial Development

1).Extension of the Central Business District- Masvingo Business Park

The current Central Business District is fully developed. In line with the Master plan the city will grow East along Oliver Street, and West along Beitbridge Masvingo- Highway (P3).

The prime site measuring 80 hectares is available for commercial development. It is bounded by Charumbira Road and Traffic Circle overlooking the busy Masvingo-Beitbridge Highway just one and half kilometres from the Central Business District.

The site is ideal for Shopping Malls, Offices, Medical Centre, Innovation Hub Centres and other permissible uses.

In terms of the City of Masvingo Building B-Laws, commercial superstructures should have a minimum of one storey.

Oliver Street

Commercial stands averaging 300-600m² available along Oliver Street for commercial development.

Application Procedure

Detailed Project proposals clearly stating the size of land required, company registration traceable references, proof of capacity to develop should be submitted to: admin@masvingocity.gov.zw

2).Road Port and Truck Inn

Site available for the development of a Roadport/Truck Inn along the Masvingo- Beitbridge Highway after Petromoc Exor Filling Station for long distance trucks and Buses.Build Operate and Transfer (BOT) or outright purchase of Land modes acceptable.

 

B). Industrial Development

1).Westview Industrial Area

The Westview industrial park has become the pride of Masvingo and is located approximately 3.5km west of town centre. The park expands over 40 hectares of land and is sectioned off into 63 industrial stands. these stands ranges in size from 1217sqm to 1,050 hectares with various shapes available. These stands are fully serviced and surveyed for title.

INDUSTRIAL/COMMERCIAL STAND APPLICATION FORM

2).Residential light indusrial Area

The Industrial Site

C). Tourism Development

1).Tourism Development Zone

Site located adjacent Masvingo Airport, 2 kilometres from the City Centre along Masvingo-Mutare Road is designated a Tourism Development Zone (TDZ).Ideal investment includes establishment of Hotels, recreational facilities and shopping Malls. TDZ Incentives apply –link to Finance Act 2002

2).Revival of Shagashe Game Park

  • Investor sought to resuscitate Shagashe Game Park measuring 278 hectare Park, located. 4km from city centre consisting of three subdivisions bounded east by Shagashe River and West by Harare-Masvingo Highway.

    The park requires a perimeter fence,

    • Restocking with small game/animals
    • Construction of lodges/Hotel with conference facilities
    • Open air entertainment facilities.

    Public Private Partnership (PPP)/Joint venture Preferred.

Currently non operational, Shakashe Game Park consists of three subdivisions as shown on the layout map with a total area of 278 hectares. Located just four kilometres from the City Centre along the Harare-Masvingo Highway, the park is bound west by Masvingo Harare Road and East by Shakashe River.

The park used to be home to various game including, Antelope, Giraffe, Buck, Kudu, Tsetsebe, Impala and Zebra and various bird species such as owls and kingfishers. Shagashe Game Park is filled with indigenous trees.
The park was popular for offering nature trail walks and a relaxed game viewing opportunity for families and visitors. The elevated viewing platform allowed visitors to quietly relax, observe and photograph wildlife grazing and wandering past.
Prior to its decommissioning, the park had excellent picnic and braai (barbecue) sites, with ablution block, taped water and electricity. Read More

Shagashe Game Park View

Game Park Video1

Game Park Video 2

Game Park Video 3

D). Infrastructure Development

1).Water Augmentation Project Phase 2

Funding amounting to USD 70 Million sought preferably mixture of grant and loan with tenure of 15-25 years for the Upgrading of Water Treatment Plant, conveyancing infrastructure and storage facilities to increase the water supply from the current 30 Million litres per day to 60 Million Litres per day to cater for the city’s expansion and water needs up to year 2050.

Detailed financial feasibility

Technical Feasibility Study Report

2).Upgrading Of Runyararo Maternity Wing

Grant sought for the extension of Runyararo Maternity Home to enable Council to provide comprehensive maternity services at Runyararo clinic i.e. antenatal, deliveries, postnatal, Family Planning and general family health care activities including HIV/AIDS Counselling services.

Project Proposal and Bill of Quantities View/download Document

3.Prepaid Parking System

4.Solar Powered Street Lights

Investor invited to procure, erect and maintain solar powered Street Lights in the entire Central Business District- 578 lights required.  Investor will be granted exclusive advertising rights for the areas Street lights are installed and recoup investment from advertising space subject to agreed terms and conditions.

link for solar powered Street Lights Project

E). Housing Development

1).Mucheke D

Two sites available for Cluster Housing Development in Mucheke Suburb.

Partnerships sought for renewal of Old Hostels in Mucheke

2).Urban Renewal

Application for an Investment Inquiry

Investment Application Enquiry

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  • 45-49
  • 50+