BITC surpasses FDI attraction target


Botswana Investment and Trade Centre (BITC) says it has raised total investment of almost P3.2 billion against a target of P1.16 billion, in the year up to March 2015.

According to the investment agency’s 2014/15 annual report, foreign direct investment (FDI) companies raised P1.5 billion with business expansions contributing P1.4 billion and domestic investment valued at P238.4 million during the financial year.

Total capital investment was realised in several sectors including manufacturing, business and financial services, retail, automotive component manufacturing, agriculture, mining, engineering and construction.

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