Botswana: Border Expansion to Boost Economy

Lobatse — The Minister of Finance and Economic Development, Dr Thapelo Matsheka says the construction of the P500 million Pioneer One Border Post will have a tangible impact on the economic lives of Batswana and the local economy.

Speaking during the ground breaking ceremony of the facility in Lobatse recently, Dr Matsheka said the project was also significant since it was at the heart of the regional trade along the Trans Kalahari Corridor.

He also said the Pioneer Border Post would increase the South African Development Community(SADC) trade as statistics showed that the border for the past three years had been handling about P6.5 billion worth of imports.

Additionally, Dr Matsheka said the expansion of the border would increase trade flows with South African border more so that it was already developed.

He said the border, to be completed in 2023 would strengthen Botswana Unified Revenue Services (BURS) capability to operate efficiently to enhance revenue mobilisation efforts.

On other issues, Dr Matsheka, who is also Lobatse MP hoped that the project would benefit the local community.

"My expectation is that the local residents of Lobatse and local suppliers of goods and services will be utilised," he said.

China Civil Engineering Construction General Manager , Mr Alan Zhu thanked government for the award of the project.

He said their company had been operating in Botswana for the past 35 years.

Mr Zhu said their company was reputable and had successfully completed projects in the country and were confident that they would deliver a high quality project.

He assured the community of Lobatse and surrounding areas that they would engage them in the project.

Source : BOPA

More From: Botswana Daily News

Don't Miss

AllAfrica publishes around 800 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.