On October 3rd, 2024, Botswana made a major leap toward economic transformation with the official launch of the Airport City Special Economic Zone (SEZ) in Gaborone. The event attracted dignitaries, investors, and stakeholders who gathered to celebrate this crucial milestone. The Airport City SEZ stands as a cornerstone in Botswana’s journey toward building an export-led economy, focused on diversification and sustainable growth.
The day began with the arrival of His Excellency Dr. Mokgweetsi Masisi, President of the Republic of Botswana. Following the national anthem, the District Commissioner of Gaborone introduced the distinguished guests. The event featured remarks from the Chairperson of the SEZA Board, Ms. Rorisang Modikana, and a keynote speech by the Minister of Trade and Industry, Honourable Mmusi Kgafela.
Strategic Vision for Botswana’s Economy
In his speech, President Masisi emphasized the importance of SEZs in achieving National Vision 2036, which aims to elevate Botswana to high-income status by 2036. The Airport City SEZ, envisioned as a hub for diamond beneficiation, aerospace, logistics, and pharmaceutical manufacturing, is expected to attract significant international investment. The government has already invested BWP700 million into infrastructure, which includes advanced road networks, telecommunications systems, and eco-friendly industrial parks.
President Masisi highlighted that this SEZ is not just a business district. It represents a collaborative effort between the Civil Aviation Authority of Botswana (CAAB) and SEZA to create a world-class “Diamonds and Logistics City.” Its proximity to Sir Seretse Khama International Airport gives the SEZ a strategic logistical advantage, making it an ideal location for global trade and industry.
Key Partnerships and Investments
The event underscored the importance of collaboration. SEZA has worked closely with local authorities, parastatals, and the private sector to ensure smooth facilitation of investments. SEZA Board Chairperson, Ms. Modikana, noted that the Mayors’ Forum played a key role in aligning SEZA’s objectives with local economic development, ensuring that the SEZ program benefits both national and local communities.
Several key investors were introduced at the launch, including:
- Syndicate Bio – Health and Internationally Traded Services – BWP 68 Million
- KM & EM – MICE Tourism – Internationally Traded Services – BWP 771 Million
- Universal Builders – MICE Tourism – Internationally Traded Services – BWP 791 Million
- KGK – Mineral Beneficiation – Manufacturing – BWP 60 Million
- Blue Lite – Automotive – Manufacturing – BWP 109 Million
- Benjamite – Mineral Beneficiation – Manufacturing – BWP 1.4 Billion
- SAFDICO – Mineral Beneficiation – Manufacturing – BWP 500 Million
- Sprint Couriers – Warehousing, Freight & Logistics – BWP 78 Million
- Pure DC – Internationally Traded Services – BWP 340 Million
These investments span diverse sectors and promise to create job opportunities while driving economic diversification.
Infrastructure Development and Future Growth
Honourable Mmusi Kgafela, Minister of Trade and Industry, stressed the vital role of infrastructure in attracting investors to SEZs. In his speech, he revealed that BWP112 million has already been allocated to the first phase of the SEZ’s development, which includes a 1.8 km dual carriageway, stormwater drainage, and telecommunications systems. The second phase, with an additional BWP579 million investment, is set to further enhance infrastructure by 2025.
These investments demonstrate Botswana’s commitment to developing a world-class business environment that supports export-driven industries. The Airport City SEZ, located near the country’s largest airport, offers unparalleled advantages to companies seeking to expand their global reach.
A Diverse and Sustainable Future
In line with Botswana’s sustainability goals, the Airport City SEZ will feature eco-friendly elements such as pedestrian pathways, rain gardens, and wildlife habitats. This commitment aligns with the United Nations 2030 Agenda for Sustainable Development and positions the SEZ as a “Live, Work, and Play” environment.
President Masisi urged local businesses and entrepreneurs to seize the opportunities presented by the SEZs. With Botswana’s economy rapidly evolving, the Airport City SEZ will be at the forefront of innovation, growth, and sustainability.
The Groundbreaking Ceremony
A highlight of the event was the groundbreaking ceremony, where President Masisi inaugurated BWP198 million worth of investor-ready warehouses. These warehouses will serve as operational spaces for early investors, further boosting economic activity within the zone.
Panel Discussion and Insights
The event concluded with a panel discussion featuring representatives from various industries, investors, and government officials. The panel focused on the future of SEZs and their role in driving innovation, job creation, and export-led growth. The conversation reaffirmed Botswana’s commitment to creating an investor-friendly environment through strong infrastructure and strategic global partnerships.
Conclusion
The launch of the Airport City SEZ signals a new chapter in Botswana’s journey toward economic diversification and growth. As Botswana transitions into an export-led economy, the SEZ will play a crucial role in industries ranging from diamond beneficiation to logistics and pharmaceuticals. With continued investment and strong partnerships, the SEZ is poised to help Botswana achieve its Vision 2036 goals.
As President Masisi declared, “Botswana is open for business,” and the Airport City SEZ is ready to welcome local and international investors.
For a quick recap of the Airport City SEZ launch event, including key highlights, speeches, and investor introductions, watch our exclusive coverage video here.
Stay tuned for more updates and insights from the Airport City SEZ launch on our website, Dumela Bots.