By Correspondent
Harare City Council has begun searching for partnerships with private players to develop new stands which it is giving out.
The Local Authority has within the last year given out over 70 000 stands to people on the waiting list.
However, the stands have been undeveloped as council has no financial capacity for the program.
Recently Harare held a symposium where it floated the idea to a variety of private players.
Council Director of Housing and Community Services Addmore Nhekairo says they have since engaged banks and private developers.
“The symposium noted that Council did not have immediate financial resources to invest in housing infrastructural development.
“Beneficiaries allocated land under the co-operative and the housing pay scheme models were incapacitated to carry out housing infrastructure development.
“(Thus) only huge capital injection from either the state or the private sector could see the Harare achieving modern day urban development standards.
Some of the institutions which attended and are working with Harare include Cabs, IDBZ, First Mutual, Exodus and Company and Fairline Investments.
Council has also engaged Tsimba Properties, Global World Properties and Avborne Investments.
