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India to Zimbabwe: Here is 50 million dollars to invest in travel and tourism

ZWIND
ZWIND
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The Zimbabwe government has secured 50 million US- Dollars from India to be invested in the Zimbabwe Travel and Tourism industry.

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The Zimbabwe government has secured 50 million US- Dollars from India to be invested in the Zimbabwe Travel and Tourism industry.

The Zimbabwe tourism ministry now ordered 670 vehicles worth around $50 million from Ashok Leyland of India to be delivered in the 2014/15 financial year, the company said in an announcement to the Bombay Stock Exchange (BSE).

“Ashok Leyland Ltd has informed BSE that the Company has bagged a contract from the Ministry of Tourism and Hospitality Industry, Government of Zimbabwe for supply of 670 vehicles valued at approximately $50 million,” said the company in the announcement.

Leyland manufactures buses, trucks, light vehicles and defence vehicles.
Zimbabwe Tourism minister Walter Mzembi declined to comment, but has a high level delegation to India.

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editor

Editor in chief is Linda Hohnholz.