BDC inks Lobatse automotive plant deal

Deal sealed: Lebang
Deal sealed: Lebang

The Botswana Development Corporation (BDC) last week signed a shareholder agreement with Malaysia’s Pasdec Automotive Technologies (PAT) for the setting up of an automotive harness manufacturing plant in Lobatse.

The factory will be relocating from South Africa where it supplied automotive wiring harness to the original equipment manufacturers of Nissan, Renault and Volkswagen vehicles.

BDC head of communications and marketing, Boitshwarelo Lebang confirmed the signing of the deal in Malaysia last week but declined to give further details on the plant that is expected to create around 400 jobs at its initial stages.

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