Botswana hosts first tourism investment summit


Botswana culture

from ODIRILE TOTENG in Gaborone, Botswana
Botswana Bureau
GABORONE, (CAJ News) – THE first Botswana Tourism Investment Summit and Exhibition is poised to position the country as a hub in the investment and trade in Southern Africa.

Gaborone, the capital, will host the event from November 22-24.

The summit and expo is jointly organised by the Botswana Tourism Organisation (BTO) and International Tourism Investment Corporation Ltd (ITIC), in collaboration with the International Finance Corporation (IFC), which is a member of the World Bank Group.

ITIC believes as Botswana is endowed with a unique geo-strategic position, it can be a hub to facilitate tourism, investment and trade.

ITIIC believes multinationals will be attracted to relocate their regional offices to the country to capitalise on the far-reaching benefits of cross-border investments and trade to a potential market of 292 million people across the Southern African Development Community (SADC) economic bloc.

“The summit will consist of sessions focusing on key challenges and trends and will act as a catalyst to have a transformational change in the tourism landscape of Botswana,” organizers stated.

The event in Botswana is set to host between 300-400 delegates.

Botswana hosts the headquarters of the 16-nation Southern ASADC.

The country is positioned in the heart of Southern Africa as a gateway to Namibia, South Africa, Zambia and Zimbabwe, effectively a conduit for investors to do business with the rest of the region.

– CAJ News



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