Investment opportunities

Building of a 4 star hotel

Project Code

TSM 010

Company Name

Devoli Hotel

Company Profile

Devoli Hotel is a magnificent and strategically located tourist facility.  It is situated at the main railway station in Bulawayo. This station is a port of arrival and departure for local, regional and international tourists arriving by train. Devoli is internationally recognized and won awards for high quality standards from France, Lebanon, Spain, Switzerland, Germany and Mexico. 

Type of Project Requiring Funding 

Building of a 4 star hotel

Project Description

Devoli is looking for business partners to build a high standard four star hotel.   Land for development totaling to 12,9heactres has already been acquired and all the necessary permits and plans have been approved by the Local Authority. The land is already serviced. 

Project Location


Partnership Proposal

Joint Venture partnerships, funding from development banks and funding houses

Estimated Value of Project

US$ 10 million

Partner Contribution

Equity Investment, Partner 60%


Davison M. Pakarimwa

Managing Director

Postal Address

P.O.Box RY 113, Raylton Bulawayo

Email Address

Contact Numbers

09 72204/0912350947