Company History
Mosi Oa Tunya Development Company (Private) Limited (“MOTDC” or “the Company”) is a limited liability company duly incorporated under the laws of Zimbabwe in 2012 as a special purpose vehicle of the Ministry of Environment, Climate, Tourism and Hospitality Industry (“MECTHI”) to spearhead the construction of a conference facility for the hosting of the UNWTO General Assembly.
IDBZ became a shareholder in MOTDC through a debt-to-equity scheme of arrangement in 2016.
In August 2020, with the concurrence of Cabinet, the Company’s mandate was broadened to cover tourism infrastructure development in Victoria Falls
About The Company
Mosi Oa Tunya Development Company (MOTDC) is a tourism infrastructure-focused development entity incorporated to spearhead tourism development in Victoria Falls. MOTDC owns Lot 1 of Jafuta Estate in Victoria Falls measuring 271.5 hectares and intends to develop this property into a world class integrated tourism resort.
The proposed development is located within the broader Masuwe area which measures approximately 1200 hectares. The Masuwe area is bound by the Victoria Falls City to the north, Fuller Forest to the south, Remainder of Ursula Estate and Nakavango and Victoria Falls – Bulawayo railway line to the west and Victoria Falls-Bulawayo Road to the east. The area falls within the Wildlife Dispersal Area in the Kavango Zambezi Transfrontier Conservation Area.
MOTDC’s proposed development is expected to spearhead the growth and development of Victoria Falls in order to increase its visibility on the tourism market regionally and globally. The development approach for the area seeks to enhance and diversify tourism through developing tourism and business facilities which blend well with the natural environment and existing ecotourism activities in line with the world heritage site principles.
The proposed integrated tourism resort will accommodate the central business district, medical tourism facility, golf estate, civic centre, holiday homes, hotels, villas, sports facilities, international finance centre, duty free trade zone, a hotel school and conference facilities.
Shareholders
Core Values
Innovation
Versatility
Partnerships
Accountability
Integrity
Diligence