Projects

The company has been servicing industrial, commercial and residential stands for sale. Currently, the company has been selling industrial, commercial and residential stands on terms of 25% deposit with the balance payable over 24 months at an interest rate of 12% per annum.

Going forward, the company is courting co-development partners to develop the various planned projects mentioned above. The company’s minimum contribution in each project will be the value of its land. This will enable the company to have perpetual income streams as opposed to the outright sales model.

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High Tech Park

The High Tech Park is planned on land measuring 117 hectares and will act as a magnet for Information Technology and Knowledge based industries. The core anchors of the High Tech Park will be large multinational corporations such as Huawei, Lenovo, Microsoft, ZTE, etc. It will also house local telecommunication companies, incubator facilities for small to medium sized start-ups in innovation and technology as well as research and development institutions. A feasibility study for the High Tech Park was successfully completed by an international consultancy firm which indicated that about USD278 million is required to undertake this project.

Medical Park

Sunway City is proposing to set up a world class medical park to offer specialist medical services. Studies have shown that a number of Zimbabweans and patients from the SADC Region are seeking services such as oncology and diagnostic treatment as far as India, East Asia and East Africa. About 10 hectares of land has been set aside within the High Tech Park for the medical park which will offer the following world class specialist medical services, among others; Oncology, Radiotherapy, Urology, Nephrology, Orthopaedics and Rehabilitation, ENT (Ear, Nose, and Throat), Ophthalmology and Acute Stroke treatment.

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Regional Shopping Centre

This will cater for the shopping needs of employees, residents, and investors in Sunway City as well as surrounding communities in the region. The land area covers about 18 hectares and is strategically located along the recently upgraded Mutare Road.

Dry Port/ In-Land Port

It is meant to provide Inland Port and distribution facilities for imports into Zimbabwe and the SADC region. This is a key project along the Beira Corridor which will promote more usage of the Corridor and is planned on a piece of land measuring approximately 25.6 hectares. Currently, significant shipping into Zimbabwe and other surrounding countries is coming through the ports of Durban and Port Elizabeth at a great cost. The dry port will therefore decongest pressure on the Beitbridge border post. Major developments have been undertaken to improve road and rail infrastructure both on the Zimbabwean and the Mozambican side of the Beira Corridor.
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Solar Park

The company has set aside 100 hectares of land for the establishment of a solar park mainly to service companies already operating in the SEZ with excess energy being fed into the main grid. Sunway City will provide land as its capital contribution to the project. The solar park will also act as a buffer between Sunway City and Epworth residential area.

General Industrial Cluster

The General Industry Cluster is meant to provide factory shells for companies involved in value-addition and beneficiation of locally produced raw materials and minerals. This is in line with the Government’s thrust of promoting value addition and beneficiation of local agricultural produce and minerals to create more export earnings and employment opportunities for the local people.
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Residential Development

Land has also been set aside for the development of flats and cluster houses to cater for the accommodation needs of employees and investors in the Park.