Zanzibar

SUBSIDIAIRY NAME COUNTRY SECTOR/INDUSTRY OWNERSHIP % ACQUISITION DATE ACQUISITION VALUATION TOTAL ASSET VALUATION
PEMBA INTERNATIONAL AIRPORT ZANZIBAR PORT 100% IIB-DG JULY 21 2021 169 MILLION USD 1.69 BILLION USD

TRANSPORT and AVIATION

IIB ZANZIBAR – IIB-DG acquired IIB Zanzibar in September 2021 for the purpose of expansion of the existing Runway to international standards, revamping the Airside Ground lighting network New Airside Essential Facilities – Fire stations, Hangars, Ground Service Equipment Yard, Airside Substations, Storm-water drainage and landscaping, etc. new Passenger and Cargo Terminals Landside infrastructure including roads, parking spaces, and pedestrian walkways, external services, etc. Boundary Fence Water harvesting, treatment, and reticulation System wastewater drainage, collection, treatment, and disposal system. The project will lead to the building of multi-sector job opportunities in Pemba Island, with secondary links to other parts of Zanzibar and Tanganyika. There will be technological Knowledge transfer to local Contractors.

Contact Information

  • Global Headquarters: WASHINGTON
    1050 Connecticut Ave. NW, 10th Floor
    Washington, District of Columbia 20036
    United States of America
    Phone: 571-207-0211
    Fax: 202-217-4050
    info@iibdevelopmentgroup.com
  • Harare Office
    5th Floor, Shanda House,
    17 Park Street
    Postal Address
    P.O. Box ST 523,
    Southerton,
    HARARE
    Tel:+263 (4) 706-762 / 252-224 / 752-616
    Fax:+263 (4) 250-539
    Cell:+2637-1240-0523 / 912-571-317
    info@cnmybj.co.zw
  • Bulawayo Office
    3rd Floor, Fidelity Life Centre,
    Cnr 11th Avenue/Fife Street
    Postal Address
    P.O. Box FM 254,
    Famona
    BULAWAYO
    Tel:+263 (9) 75-709 / 75-719
    Fax:+263 (9) 75-719
    cnmybjbyo@gmail.com

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