Botswana Investment and Trade Center (BITC) is leading and investment and trade promotion mission in Doha, Qatar in efforts to position Botswana as a preferred investment destination globally. The mission is facilitated by the Qatar Chamber of Commerce and Industry which has arranged for a high Level targeted business engagement with potential investors present in Qatar.
According to BITC Corporate Communication Director Kutlo Moagi, the mission aims to promote Botswana holistically to foster relations with a view to facilitate business and trade between Botswana and Qatar, both at public and private sector level. The delegation consists of representatives from institutions and private sector from various sectors including mining and diamond beneficiation, transport and logistics, energy, tourism, agriculture and health.
“During the mission, Botswana business delegation will also have an opportunity to engage one on one with the Qatar counterparts and will undertake a few site visits to explore areas of collaboration or partnerships,” she said adding that Botswana delegation will establish what the various companies in Qatar require as prerequisites to consider investment in Botswana. The delegation will be back on April 12.
She pointed out that the mining sector is the key targeted sector for the mission but only two Batswana from the sector have travelled to Qatar. “There are two Batswana from the mining and diamond industry as one of the key targeted sector for the mission,” said Moagi.
The Permanent Secretary for the Ministry of Investment, Trade and Industry, Peggy Serame leads the delegation. Since its establishment, BITC has delivered a total of over P12 billion in capital investment with actual Foreign Direct Investment accounting for P 6.162 billion and Domestic Investment accounting for over 5.8 billion pula.
Unveiling the new strategy last year BITC Chief Executive, Keletsositse Olebile said BITC seeks to take investment promotion to the next level and propel Botswana into a renowned and globally acclaimed trade and investment destination.