IDBZ disburses $100 million

The Infrastructure Development Bank of Zimbabwe (IDBZ) disbursed $100 million for 43 infrastructure projects in the first half of this year in a development expected to stimulate activity in the construction sector.

Funded projects span over the energy, transport, water and sanitation, housing development and information communication technology sectors.

IDBZ public relations executive Priscilla Mapuranga said the quantum and quality of infrastructure development in any economy was key to stimulating activity, as the cost of doing business would become lower and affordable.

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