Business

Automotive plant to open in Lobatse

Monday, February 16, 2015

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The Botswana Development Corporation (BDC) is at an advanced stage of funding the relocation of Malaysian company, Pasdec Automotive Technologies (PAT) from South Africa to Lobatse.

Relocation of the company, which manufactures automotive wiring harnesses, is expected to create about 500 jobs.

BDC is expected to invest P52 million in the project with the relocation anticipated to be complete by June this year.

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