BITC seeks PPPs in property projects
Tuesday, October 21, 2014
BHC stall at the Property Expo which ended in Gaborone last week PIC: MORERI SEJAKGOMO
Speaking at the Property Expo last week, BITC Executive Director for Business Facilitation, Reginald Selelo said the institution did not have the financial capacity to develop the land hence their requisite to form partnerships with the private sector.
He said government had taken deliberate effort not to service the land since the 1990’s but had recently decided to partner with the private sector in an effort to provide adequate space for property investors.
Smash-and-grab incidents became common at traffic lights, Automatic Teller Machine (ATM) bombings made headlines too often, cash-in-transit robberies terrified security personnel, while home invasions left families traumatised in the very places they were supposed to feel safest. The situation had reached alarming levels and threatened not only the peace of ordinary citizens, but also the country’s reputation as one of the safest and most...