Infrastructure Africa Business Forum on the cards
With governments across the African continent pinning hope on Special Economic Zones ( SEZs) and Industrial Development Zones ( IDZs) to propel economic growth and development across Africa, a dialogue platform to explore the initiatives is on the cards.
Ne w p l a t f o rm d u b b e d , Infrastructure Africa Business Forum is set to delve into a critical topic shaping the continent’s economic landscape through SEZs and IDZs.
Scheduled for the 16th to the 17th July in South Africa’s Capetown, the platform is to explore innovative strategies to harness the transformative power of SEZs and IDZs in driving continental growth and prosperity.
“SEZs and IDZs represent strategic enclaves designed to attract investment, stimulate industrialization, and enhance competitiveness.
“By o ering a range of incentives, streamlined regulatory frameworks, and world- class infrastructure, these zones create conducive environments for businesses to thrive and contribute to economic transformation,” said Liz Hart, Managing Director of the Infrastructure Africa Business Forum.
Organisers are optimistic the forum will spotlight SEZs and IDZs as catalysts for sustainable development and inclusive growth.
Hartz said SEZs and IDZs are integral components of Africa’s development strategy, serving as engines of growth, innovation, and job creation.
“By leveraging these zones e ectively, we can unlock new opportunities, foster industrialization, and drive sustainable development across the continent.”
Hart further said SEZs and IDZs have potential to propel multifaceted economic growth and development across Africa attracting investment, stimulating industrialisation, promoting trade and exports, fostering innovation and skills development.
She emphasized that since Africa seeks to harness its economic potential and achieve sustainable development, maximising the impact of SEZs and IDZs is paramount.
“is requires concerted e orts to enhance infrastructure, streamline regulatory processes, and strengthen institutional capacity.”
On the local market, Botswana is committed to have fully serviced infrastructure in the Special Economic Zones and ‘ t for purpose’ solutions to investors, as the government is consistently investing in new and improved core infrastructure such as power plants, fiber- optic networks, roads, railways and international banking institutions.
Botswana has e i ght SEZs which include Sir Seretse Khama International Airport ( SSKIA), Greater Palapye, Selibe Phikwe and Francistown, all for mixed use; Tuli Block and Pandamatenga, both for agropolis, Lobatse for meat and leather, Fairgrounds for international nance and technology.