The Special Economic Zones (SEZ) policy adopted by the Government of Botswana has been designed to attract world-class domestic and foreign investors by offering them developed infrastructure, state of the art technology, beneficial inter-sectoral linkages, improvements in economies of scale, specially trained skilled labour force and targeted economic incentives.
Botswana’s SEZ policy seeks to:
- Coordinate, promote and facilitate SEZ investments
- Identify locations for establishing SEZs
- Ensure basic infrastructure and utilities are in place
- National and international programmes promoting SEZs
- Licence SEZ investors
At a broader level SEZs are intended to achieve the following:
- Diversify the economic and export base of Botswana beyond the diamond mining sector
- Provide a hassle-free business environment offering investors a competitive edge in world markets
- Establish a one-stop, full service business environment catering to the needs businesses located within the SEZ
- Create business development opportunities for small, medium and micro-enterprise suppliers who meet the logistical and ancillary needs of SEZ enterprises
- Develop a portfolio of public sector, private sector and public-private partnerships (PPPs) with the SEZ as the market indicates
- Develop SEZs, which are integrated with domestic, regional and international markets
- Categorise and coordinate business development within SEZs to promote inter-sectoral economies of scale
- Provide SEZ incentive packages consistent with Botswana’s domestic and international trade obligations
- Develop SEZ labour laws consistent with the ILO standards
- Create employment through the countrywide development of SEZs
Video courtesy of: Special Economic Zones Authority Botswana
Published on 25 Sep 2018
Source: gobotswana.com
Posted In: Media
