Work starts on developing Sowa Town SEZ
Friday, November 17, 2023 | 630 Views |
Making plans: Mogara addressing the Mayors Forum in Nata on Wednesday
This was revealed by SEZA CEO, Lonely Mogara, at the sixth Mayor’s Forum in Nata on Wednesday. Mogara revealed that Parliament approved the declaration of Sowa Town as an SEZ in August 2019 and mandated the Authority to develop, manage and regulate it.
The 59.8-hectare SEZ has been earmarked as a chemical manufacturing hub, primarily because of its abundant sodium resources.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...