Gweru City Council quarry mining venture requires at least US$2,5 million to commence as the local authority makes efforts to widen its revenue base through income generating projects, a senior council official has said.
Speaking at a recent budget consultation meeting for the business community, city business development manager, Rodwell Musiwa however revealed that potential partners have since submitted their proposals.
“The quarry mine is still undeveloped and an estimated US$2,5 million is required to commence the project,”Musiwa said.
“Potential partners have since submitted their proposals which are currently being reviewed by the Zimbabwe Investment and Development Agency and following due process.”
Musiwa said residents were failing to pay their bills due to the harsh economic climate hence council’s focus to embark on income generating projects as well as reviving some of its businesses such as Go Beer.
He however said work on the Clonsilla truck stop, which will have food and refreshment facilities had already began though at a slow pace due to financial challenges.
In 2021 council announced that it had partnered a private company to extract quarry for sale as part of its income generating projects but the plan never kicked off.
Besides being a cash flow for the local authority the quarry claim located along the Gweru-Mvuma highway was also going to benefit the city through materials needed for road maintenance.
Other pending projects the Midlands capital had lined include a water bottling plant, waste to energy project and a solar farm among others.