F’town ready for SEZ

SHARE   |   Monday, 05 June 2017   |   By Shingirai Madondo
F’town ready for SEZ

The City of Francistown is more than ready to play host to the much anticipated Special Economic Zone (SEZ), Francistown City Council (FCC) mayor Sylvia Muzila declared early last week. Addressing the FCC full council session, Muzila said they have already identified some of the needed prerequisites that will enable to implement the SEZ strategy. Francistown is amongst areas across the country that the government has earmarked to declare as special economic zones. Francistown is responsible for logistics and agro economy.  Due to its strategic positioning, as the Southern African Development Community (SADC) regional hub and gateway, Francistown is strategically positioned to serve as an economic hub for the region. That being the case, the identification of Francistown as a logistical special economic zone is likely to increase Foreign Direct Investment (FDI) into the city. The development will set the tone for the city’s economic revival. “Our city is more than ready to host a special economic zone, as we have already identified 500ha of land north of Francistown-Nata road,” Muzila revealed. According to Muzila, Francistown is awaiting with an abated breath for the declaration as a special economic zone. She said they are doing everything within their power to win the right to host a special economic zone. “I am positive that the feedback that we will receive from the (Special Economic Zone Authority) SEZA will help our case to host the special economic zone,” a confident Muzila said. 



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