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| President Mokgweetsi Masisi |
President Mokgweetsi Masisi has embarked on campaign to
market Botswana, saying the nation is investment destination of
choice.
The Southern African country belongs to several regional bodies, said
Masisi in Qatar during his just ended two-day state visit at the
invitation of its ruler, Sheik Tamim Bin Hamad Al-Thani.
Botswana’s strategic positioning at the heart of southern Africa and
the fact that it remained a member in good standing to a number of
regional bodies gave the country access to other markets such as
Southern African Customs Union (SACU) and Southern African Development
Community (SADC).
“Additionally Botswana had signed the COMESA EAC-SADC Tripartite Free
Trade Area as well as African Continental Free Trade Area with a view
to expand its market to more than 1.2 billion people in the continent of
Africa,” he said.
He informed the Qatar Business Association that
Botswana had entered into several market access agreements with various
countries which gave the country duty free access and quota free market
access such as European Union and the United States of America through
African Growth and Opportunity Act (AGOA).
Furthermore, Dr Masisi said Botswana had gone a step further to
cajole its neighbours to ensure that the opening of new markets in the
continent and beyond was supported by the necessary infrastructure.
To this end, he said projects such as the Trans-Kalahari Railway
between Botswana and Namibia as well as Kazungula bridge between
Botswana and Zambia had been embarked upon.
The projects, Dr Masisi said, were primarily meant not to only
facilitate movement of goods and services between the three SADC
countries but the entire region.
President Masisi assured the Qatar entrepreneurs that despite having a
small population of just over two million people, Botswana ha a lot to
offer in terms of investment opportunities.
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