Cattle baron avails land for Lobatse PPP projects

Three major projects are planned for Lobatse through partnerships
Three major projects are planned for Lobatse through partnerships

In a bid to revive the economy of Lobatse, a local private company has availed 2,000 hectares of freehold land in a Public Private Partnership (PPP) deal with the Town Council to venture into a number of projects ranging from residential housing, tourism school and an airport city.

Executive Chairman of Cambridge Investment, Phillip Fischer says despite the spatial economic comparative advantages of Lobatse’s strategic location, developments in the town have been severely constrained by the lack of suitably zoned freehold land.

To bring a solution to this, Cambridge Investment recently entered into a PPP with the Lobatse Town Council to address the situation and help the town to economically benefit its residents.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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