China can build land reserves in botswana
China can build land reserves in botswana
6 FAQs about [China can build land reserves in botswana]
Does China invest in mining in Botswana?
However, although many Chinese companies showed strong interest, to date, there is no Chinese investment in the mining sector in Botswana.6 Moreover, the government of Botswana does not encourage Chinese investment in the retail and wholesale sectors, fearing that it may cause damage to the local manufacturing industry.
Are Chinese construction companies a good investment in Botswana?
Since then, Chinese constructions firms have been active in the construction industry in Botswana and have made satisfactory returns on their investment. In addition to the construction industry, Chinese companies have also invested in the textiles, wholesale and retail sectors of Botswana.
How many Chinese SOEs are operating in Botswana?
According to the Chinese Embassy,9 16 Chinese SOEs are operating in Botswana, 13 of which are top construction companies, all reaching the construction contractor top grade granted by the PPADB. In total, they operate 18 projects in Botswana, as listed in Table 1 on page 6.
Does China offer loans to Botswana?
However, the Chinese government does offer preferential loans to Botswana in the form of interest-free or low-interest concessional loans, but the percentage of such projects is very low compared to other local public tender projects run by Chinese construction firms in Botswana.
Are Chinese firms a key player in infrastructure construction in Botswana?
Chinese firms involved in infrastructure construction in Botswana have carved out a prominent place in a sector once dominated by South African and European firms.
What challenges do Chinese construction firms face in Botswana?
The biggest challenges faced by Chinese construction firms in Botswana, according to Counsellor Gong from the Chinese Embassy, is manpower. He said that both the local government and the Chinese government encourage firms to employ local people; however, there is not a sufficient local supply of skilled labour in Botswana.
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