Companies eye BDC failed glass project

The project liquidator, Nigel Warren-Dixon, has said that so far, the two companies that prefer to remain anonymous have not made any offers. “They just indicated their interest. We have told them we are not ready now, unless the offer is too good to refuse,” he explained.

The glass project was a joint venture between Botswana Development Corporation (BDC) and a Chinese company. It was mired in controversy when it emerged that the management of BDC was pouring hundreds of millions in the project whose viability is in doubt. It was finally declared unfeasible last year and put in liquidation.