Urban Development Corporation Zimbabwe

UDCORP is a state-owned entity which was founded in 1986 with the purpose of spearheading urban development. The Urban Development Corporation Act [Chapter 29:16] of 1986 articulates the objectives and functions of the Corporation as: i) To encourage and assist local authorities and regional planning councils and local planning authorities established in terms of the Regional, Town and Country Planning Act [Chapter 29:12] to plan and co-ordinate urban growth and development within development areas; ii) To generate employment and encourage the development of commerce and industry within development areas; To assist in the provision of housing and social facilities within development areas to encourage people to live and work therein; iv) To create and ensure the maintenance of an attractive environment within the development area; v) To provide all forms of assistance, including financial or technical assistance, management counselling, training, auditing and other services, information or advice, to: a) Local Authorities; and b) Co-operatives and commercial, industrial or other enterprises; in connection with urban development. Vision Statement: Well-developed urban settlements with modern infrastructure by 2030. Mission Statement: To plan and develop an inclusive, safe, resilient and sustainable built environment in Zimbabwe. Core Values: • Teamwork – We combine the quality and expertise of our staff to satisfy clients and stakeholder needs • Accountability – We take ownership of our actions. • Resilience – We soldier on to achieve our vision. • Professionalism – We offer high quality standards in a competent manner. Projects The Corporation embarked on two flagship projects being: 1. Knockmalloch Project made up of 400ha mixed use development with a total project cost of USD36 million and; 2. Manresa Estate: a high-rise flat development project with a total of 320 apartments. The first phase has 64 apartments and is valued at USD6 million.