Zimbabwe Parks And Wildlife
Zimbabwe Parks And Wildlife
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INVESTMENT OPPORTUNITIES

The Authority is embarking on an exciting commercialisation program where it intends to balance conservation and economic return on all investment projects it undertakes. In this vain, the organisation has opened up a wide array of investment opportunities.
 

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PUBLIC NOTICE: Tender For The Leasing Of Photographic Sites Within The Parks Estate

Members of the public are invited to participate in a public tender for the leasing of photographic sites within the Parks Estate. more...

Background

Operators who have wildlife at heart can exploit numerous investment avenues in the Parks Estates and even in areas outside the Parks Estates.

It should clearly be noted that the organisation puts conservation ahead of investment. The Authority ascertains that for all activities or developments that take place within the Parks Estates relevant Environmental Impact Assessments be undertaken. Development only takes place where it is sustainable, enhances animal protection efforts or sustainably improve the quality of the tourist experience. It is the later point that has left large tracts of land undeveloped in Parks such as Hwange, Mana Pools and several others, in a bid to preserve the pristine wild conditions of the environment.

Because of this judicious management of both investment and conservation, Zimbabwe’s Parks Estates provide some of the most unique and ecologically appealing sites for development.


Types of Investment Opportunities Available


There are a number of investment portfolios that potential investors can take up with the Zimbabwe Parks and Wildlife Management Authority. Primarily operators may choose one of two options. They may operate on a periodic permit or a relatively long term lease option.

1. Permit Based Investments

These are investments that require an investor to apply for a periodic permit which is usually a year long. The operator has to first apply for a preliminary relevant authority from the Zimbabwe Tourism Authority. Upon securing such authority, the operator has to show proof of funding and identify the specific area of operation they are interested in. The operator then makes an application to the Tour Operator Development Committee at the Authority’s Head Office. If capacity is available in the specific area chosen, the Committee duly awards the operator a permit after payment of the required permit fees.

Potential investors need to be aware of the fact that permits are applicable for one calendar year and they need to renew their permits annually prior to 31 January of each year.

Investment opportunities that normally operate on a permit are activity based and do not usually require use of a dedicated piece of land. These include:


a. Wildlife ranching
b. Photographic safaris
c. Game drives
d. Walking safaris
e. Sport fishing
f. Boat cruises
g. Dinner cruises

2. Lease Based Investments

The lease based investment option basically focuses on awarding a potential operator a determinate piece of land or area in a view to allow them to develop semi-permanent structures that they may use to host their clients who will be on tour. Effectively, these areas are within the Parks Estates and would otherwise be used by the Authority. However, due to the various commitments, mainly linked to conservation activities that the Authority is inundated with, it is usually best to allow professional and expert investors to develop structures within the Parks for Estates for the enjoyment of both local and international visitors.

Leased sites are normally advertised as and when a particular site falls vacant or becomes necessary to be developed. The Authority puts up tenders for the consideration of the investing public. Details on tenders being advertised and the conditions attached to the leases can be obtained from the Authority as required.

The Leases Committee is responsible for setting out terms and conditions of the leases.

Some of the most popular investment areas include;

a. Hotel and lodge operations
b. Fishing camps
c. Curio and shop developments
d. Amenities and supplies operations

Distribution of Investment Opportunities

The Authority manages 13.1% of the country’s total land mass consequently meaning a greater potential for investment. Private operations within the Parks Estates can be noted in most of the Parks. However, it is the Authority’s endeavour to appropriately distribute demand for operations.

Most of the applicants who would like to invest in Zimbabwe’s tourism industry prefer to place their funds in the Victoria Falls area. However, it should be noted that the area is nearing its full capacity in terms of developments, therefore, potential investors should look for opportunities in other areas.

Recently, the Authority opened up the Gonarezhou National Park to both national and international operators. This Park is viewed to hold great potential due to its tying up with Kruger National Park in South Africa and Gaza in Mozambique to form one of the world’s mega-parks.

While many of the Parks do not require development of new structures, most of them abound in tour operations potential.

Potential investors who may have interest in a particular area may contact our Business Development Office to obtain details on future sites to be tendered or to open up for permits.

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