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Introduction

IDBZ was launched by the Government of Zimbabwe on 31 August 2005 as a vehicle for the mobilization of infrastructure development finance from both domestic and international sources. The Bank is to be capitalized to the tune of Z$15 trillion, with the initial Z$1 trillion having been injected by Government, which is the major shareholder.

The bank will mobilize resources in the form of debt from the domestic and foreign capital markets, as well as encouraging existing and new shareholders to take up equity in the new Bank.

Vision

The vision of the bank is to be the preferred provider of development and related finance for economic growth and social transformation in Zimbabwe and the region.

Mission

The mission of the bank is to champion infrastructure development through effective mobilization of appropriate resources for sustainable socio-economic development.

Values

In fulfilling its Vision and Mission, the work of the Bank will be underpinned by the following values : Integrity: Professionalism: Team Work: Service Orientation: and Social Responsibility.

Mandate of the Bank

The Bank's mandate is to mobilize financial and technical resources of appropriate duration and cost, for public and private institutions involved in infrastructure development and to facilitate investment in infrastructure. The bank will have an array of other products and services to compliment its primary focus on infrastructure finance. Long-term products include equity, bonds and guarantees, long-term loan and project finance. Short-term products include trade finance, lease finance, working capital, personal loans and treasury services.

Public-Private Partnerships

IDBZ will actively promote the participation of the private sector in infrastructure finance and development, through Public-Private Partnership models, including joint venture, Build Operate Transfer (BOT) and other similar arrangements.