𝗜𝗡𝗩𝗘𝗦𝗧𝗢𝗥𝗦 𝗖𝗢𝗠𝗠𝗜𝗧 𝗣𝟰.𝟮 𝗕𝗜𝗟𝗟𝗜𝗢𝗡 𝗧𝗢 𝗔𝗜𝗥𝗣𝗢𝗥𝗧 𝗖𝗜𝗧𝗬 , 𝗧𝗔𝗥𝗚𝗘𝗧 𝗦𝗘𝗧 𝗔𝗧 𝗣𝟱𝟬 𝗕𝗜𝗟𝗟𝗜𝗢𝗡
- Thousands of Jobs to be created
- Sectors include medical science, mineral beneficiation, hospital and tourism
On Thursday, His Excellency Dr. Mokgweetsi Eric Keabetswe Masisi, President of the Republic of Botswana, officially launched the Gaborone Airport City Special Economic Zone (SEZ), a multi-billion pula premier business enclave poised to reshape Botswana’s economic landscape with an anticipated P50 billion in investments.
The Airport City SEZ is designed as a world-class Diamonds and Logistics hub. This mixed-use zone will focus on core economic activities such as diamond beneficiation, aerospace and aviation services, cargo handling and storage, agro-processing, pharmaceuticals, specialist automotive manufacturing, and plastics injection molding.
This special economic zone is a collaborative effort between the Special Economic Zone Authority (SEZA) and the Civil Aviation Authority of Botswana (CAAB), with infrastructure development fully funded by the government.
A key highlight of the launch was the unveiling of licensed investors that will spearhead Botswana’s next economic transformation.
These companies will operate across a variety of sectors, including automotive, diamond beneficiation, genomics and precision medicine, pharmaceuticals, MICE (Meetings, Incentives, Conferences, and Exhibitions), and freight and logistics.
The Airport City SEZ already hosts several of Botswana’s top corporate and parastatal institutions, including the Bank of Botswana, Botswana Innovation Hub, Debswana, De Beers, DTCB, BOBS, and numerous diamond cutting and polishing companies.
One of the notable investors is Syndicate Bio, a healthcare diagnostics development company specializing in cardiovascular and infectious diseases, precision medicine, and informatics sciences. It will establish a cutting-edge medical research center in Africa with an initial investment of P68 million.
KM & EM, an international trade services company in the hospitality industry, will invest over P771 million. In collaboration with a renowned international hotel group, they plan to develop a five-star hotel, international conference center, and other tourism-related facilities, including food and beverage services, repair and maintenance,and travel agency services.
Universal Builders,will invest P791 million into the tourism and hospitality sector. Universal Builders already operate prestigious properties, including Royal Aria and Grand Aria hotels.
Benjamite and SAFDICO will invest P1.4 billion and P500 million, respectively, into mineral beneficiation, unlocking Botswana’s mineral value chains and creating thousands of jobs.
These investments, totaling P4.2 billion so far, mark the beginning of a larger goal. The Special Economic Zone Authority aims to attract a total of P50 billion in investments into the Airport City SEZ.