The building that used to house the late former Prime Minister, Morgan Tsvangirai, will soon be turned into a hotel after Mashonaland Holdings partnered with a Chinese company, Touchroad International Holdings Group to kick-start the refurbishment of the property.
Tsvangirai used Charter House offices during his stint in the inclusive government between 2009 and 2013.
Touchroad International is injecting over US$10 million towards this project.
The company chairman, He Liehui said his company was interested in the project to ease the problem of tourist accommodation in the capital.
“I visited Zimbabwe many times and I believe this country has a lot of potential for tourism industry. We have done market research and we found there is a very big shortage of hotels. I think this is a very good chance for us to convert this Charter House building to a hotel, it will be service to international tourists coming to Zimbabwe,” he said.
Harare has about seven hotels in the central business district so far.
Mashonaland Holdings Chairman, Ronald Mutandagayi said this was a revitalisation strategy of the Harare Central Business District.
“Similar to most buildings in the CBD, Charter House is a very old building whose functionality can no longer meet the needs of current office occupiers,” he said.
“It is our view that there is need to relook at how best, that is all real estate stakeholders, can rejuvenate the entire CBD. This development will also compliment government efforts in its endeavour to living up to President Mnangagwa’s clarion call that Zimbabwe is open for business.”