BDC ramps up P2.5bn project pipeline
Friday, June 07, 2024 | 410 Views |
![Aiming high: BDC CEO, Cross Kgosidiile, is charting a new era of expansion for the state investment agency PIC: KENNEDY RAMOKONE](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2024/06/07/110956.jpg&w=800&q=72&f=jpg)
Aiming high: BDC CEO, Cross Kgosidiile, is charting a new era of expansion for the state investment agency PIC: KENNEDY RAMOKONE
The BDC is the state investment agency primarily charged with economic diversification through investments and partnerships with the private sector. The corporation was allocated about P500 million in the current financial year for recapitalisation by government, its sole shareholder.
Officials told BusinessWeek that the investment pipeline will allocate a significant portion of funds to projects in manufacturing in order to pioneer new industries and bolster export-oriented businesses.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...