Zimbabwe is currently accelerating its industrial development initiatives as Strive Masiyiwa, the nation’s richest man, is moving ahead with the construction of his very own smart city: Econet Tech City.
This integrated technology and manufacturing hub, set to be located in Harare, is strategically designed to attract investment focused on production.
Spanning 800 acres in proximity to Robert Mugabe International Airport, the development aims to accommodate the requirements of modern manufacturers by providing a turn-key operational environment.
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Enterprises established within this cluster will benefit from comprehensive, pre-installed industrial infrastructure, including consistent power supplies, water systems, high-speed fiber-optic connectivity, satellite links, and centralized waste management services, thereby eliminating the need for foundational construction.
The development underscores a broader shift in Africa’s infrastructure, with the billionaire prioritizing speed to market and operational efficiency, TTYBrand Africa reports.
Econet Tech City intends to reduce entrance barriers for both regional and worldwide industries by eliminating frequent bottlenecks such as unreliable utilities and cumbersome approvals.
The strategy is closely related to large-scale, master-planned industrial zones, such as Nigeria’s Eko Atlantic, which has attracted major economic activity through integrated infrastructure.
“Modern international investors don’t like hassles when they plan to build a factory or high-tech facility, like a Data Centre.
They prefer locations where everything they need – such as power, water, fibre and satellite connectivity, industrial waste management, security, street lighting and staff transport – is readily available.
They don’t want to be burdened with complex local planning approvals or licensing processes. These industrial hubs operate as a one-stop shop, managed by local experts who handle everything for them,” the Zimbabwean businessman stated.
Econet InfraCo, the group’s infrastructure business and a Victoria Falls Stock Exchange-listed entity, will be responsible for both development and operations within the zone.
This involves overseeing utilities, logistical coordination, and site services, allowing manufacturers to concentrate on manufacturing rather than facility maintenance.
The project’s design also includes considerations for energy supply. A proposed 100MW solar system will provide a dedicated and sustainable power source, minimizing reliance on national networks and enhancing cost predictability for industrial users.
In parallel, water resources from a local stream will help with industrial operations, while on-site data infrastructure, including a proposed 10MW data center, would enable digital manufacturing and automation.
Construction timetables are aggressive, with basic infrastructure scheduled to be completed within two years, followed by phased industrial occupation over a longer period. Early investor interest indicates a substantial need for plug-and-play manufacturing environments in the region.
