Ukraine injects Zim investment

HARARE - A Ukrainian company has said it wants to help improve Zimbabwe's infrastructure by building a raised motorway over part of Harare, reports said.

HARARE - A Ukrainian company has said it wants to help improve Zimbabwe's infrastructure by building a raised motorway over part of Harare, reports said.

Many of Zimbabwe's roads are so badly potholed they look as if they have been shelled.

The official Herald daily said the planned Joshua Mqabuko Nkomo Express Road would link the main road from the airport with Harare's upmarket suburbs.

Augur Investments has provided R68million for the construction of the road.

The Ukrainian company says it is willing to invest up to R683million in development projects, including the construction of 500 upmarket houses, and in agriculture and mining projects.

The newspaper, usually seen as the voice of the Mugabe government, said the Ukrainian project was proof that investor confidence in Zimbabwe continued to grow. - Sapa-dpa

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