Tourism Investment Opportunities

Tourism in Zimbabwe is the fastest growing sector and is recognised as a low hanging fruit. For the year 2018, the sector contributed 7.2% to the Gross Domestic Product, with tourist arrivals reaching 2,579,974 mark, which is a 6% increase from 2017. The Zimbabwe Tourism Authority provides an exchange platform for investors and project promoters. The Authority is calling upon tourism proprietors that have land, properties or other investment opportunities in the following areas to come forth:

  • Hotels and conference centres
  • Restaurants
  • Theme parks
  • Safari camps
  • Water sports
  • Cultural Villages
  • Others

For more information, please contact the ZTA – Planning and Investments Promotion (PIP) email pic@ztazim.co.zw/ tawanda@ztazim.co.zw or Dept. Head PIP on +263 8677005963 or +263 758 712/24.

 

INVESTORS CONTENT

Tourism in Zimbabwe is the fastest growing sector and is recognised as a low hanging fruit. For the year 2018, the sector contributed 7.2% to the Gross Domestic Product, with tourist arrivals reaching 2,579,974 mark, which is a 6% increase from 2017. The sector is an expansion drive and seeks to diversify the tourism product base by extending investments across the country. Thus the Zimbabwe Tourism Authority is calling for investments in the following tourism sub-sectors:

  • Accommodation (hotels and lodges, Safari camps)
  • Conference facilities
  • Restaurants
  • Theme parks
  • Water sports
  • Cable cars
  • Others

 

To support your investment, the Government of Zimbabwe has put in a number of incentives which you can take advantage of and these include but not limited to:

  • Duty rebates on imported capital goods, equipment (SI10/2018) and safari vehicles (SI159/2017) for tourism businesses
  • Through SI50/2006 tourism business in the Tourism Development Zones (TDZs) are allowed to import capital goods duty free
  • The TDZs also come with tax breaks:
  • The government has gazetted Victoria Falls as a Tourism Special Economic Zone. Investors can enjoy tax exemption, duty rebate, etc

 

For more information, please contact the ZTA – Planning and Investments Promotion (PIP) email pic@ztazim.co.zw/ tawanda@ztazim.co.zw or Dept. Head PIP on +263 8677005963 or +263 758 712/24.