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21 April, 2018 -
03 May, 2018 -
Washington DC, U.S.
16 May, 2018 -
Initially planned for April 2016, construction of the new leather complex has been postponed for a year. At full capacity, Botswana’s leather industry could earn the country around US$150 million in export revenue.
Vincent Seretse, Botswana’s Minister of Investment, Trade and Industry, has announced that the much anticipated leather park for Lobatse is running behind schedule due to preliminary preparations for the project.
Works were initially planned to commence in April 2016 and completed in September 2017, but have now been scheduled to start in April 2017, with full-scale commercial production planned for January 2019.
It is estimated that, at full capacity, the leather park is to produce about 9,300 square metres of finished leather daily, of which around 80% would be exported as finished leather.
According to Seretse, the benchmarking visit to India in early 2015 was, among other factors, important to gather business intelligence on suitable cleaner process technologies and environmentally-friendly options for effluent disposal in view of the Botswana situation. Gathering business intelligence on the operation of the common effluent treatment plant (CETP), was seen as critical to the establishment of the local leather project.
A feasibility study carried out prior to the visit revealed that Botswana’s leather industry has potential to create 10,000 jobs, fulfill local demand for leather and earn the country up to US$150 million in export earnings. Read more here.
Source: Mmgicomments powered by Disqus