Govt to acquire 15 new planes for Air Zimbabwe

5 years ago
Mon, 11 Dec 2017 00:42:58 GMT
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Govt to acquire 15 new planes for Air Zimbabwe

Transport and Infrastructure Development Minister Joram Gumbo has said that Government will acquire 15 planes for Air Zimbabwe.

Gumbo said that Government will acquire planes for Air Zimbabwe under a public-private partnership (PPP) agreement with investors in the Diaspora. Said Gumbo:

The Civil Aviation Authority is on the verge of acquiring 15 new air planes from Malaysia under a lease agreement, The deal was penned between Government and a private company, DIDG, a consortium of business partners from the Diaspora. Under this agreement, which I initially planned to sign with Malaysia Airline, the DIDG (Diaspora Infrastructure Development Group) company will facilitate the acquisition of these planes under a lease agreement, and this will be renewable after five years.

DIDG is the same company that is involved in the National Railways of Zimbabwe (NRZ) deal.

More: Herald

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