The Zimbabwe government has secured 50 million US- Dollars from India to be invested in the Zimbabwe Travel and Tourism industry.
The Zimbabwe tourism ministry now ordered 670 vehicles worth around $50 million from Ashok Leyland of India to be delivered in the 2014/15 financial year, the company said in an announcement to the Bombay Stock Exchange (BSE).
“Ashok Leyland Ltd has informed BSE that the Company has bagged a contract from the Ministry of Tourism and Hospitality Industry, Government of Zimbabwe for supply of 670 vehicles valued at approximately $50 million,” said the company in the announcement.
Leyland manufactures buses, trucks, light vehicles and defence vehicles.
Zimbabwe Tourism minister Walter Mzembi declined to comment, but has a high level delegation to India.
