BDC Pumps P64M Into Kromberg & Schubert's Expansion

Monday, November 23, 2020

Botswana Development Corporation (BDC) has injected an additional P64million into Southern Africa’s largest harness company, Kromberg & Schubert’s expansion of the 7, 320 square metres factory.

Through this expansion project and delivery on the new contract, the company will create 1, 250 additional jobs including construction jobs and other opportunities to further enhance the socio-economic benefit.

The partnership between the government’s investment arm and Kromberg and Schubert started in 2017 when they launched a P36 million 4, 100 square meters factory expansion for the company.

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