SPEDU plans to set up land banks

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SELEBI-PHIKWE: The Selebi-Phikwe Economic Diversification Unit (SPEDU) is strategising around setting up land banks to attract as many investors as possible into the region.

SPEDU’s acting Chief Executive Officer, Montle Phuthego said that while the issue of land banks is crucial, the Ministry of Lands and the Land Boards are concerned with allocated land that is never developed and used or fully used for the purposes that it was allocated for. “We are therefore going to discuss this with them as SPEDU to assure them that we are going to develop the land for land banks. We will fully consult farmers on it,” she noted.

The agency is prioritising all projects and for facilitation purposes a land bank is needed. Land banking is the practice of aggregating parcels of land for future sale or development.

Editor's Comment
Botswana deserves ideal political leaders

This remains to be seen, particularly as opposite unity has been seeing its ups and downs. In 2012, three opposition parties namely the Botswana National Front (BNF), the Botswana Movement for Democracy (BMD), and the Botswana National Front (BNF) formed a political alliance under the Umbrella for Democratic Change (UDC). The Botswana Congress Party (BCP) would, after rebuffs, join the coalition in 2017.The promise made by the coalition to its...

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