Business

Old Mutual launches US$12m housing project

NewsDay Staff ·

Old Mutual launches US$12m housing project

OLD Mutual Zimbabwe has unveiled a US$12 million residential development project in Harare, featuring the construction of standalone houses and high-rise residential units, a significant investment in the country’s housing market

The project will be completed in phases. The first phase is expected to be completed within 12 to 18 months at a cost of US$4 million

Speaking during the ground breaking ceremony yesterday, Old Mutual Zimbabwe’s group chief executive officer Samuel Matsekete said the project will benefit the nation.

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