Current location:business >>
Chinese company spurs economic revival in Botswana's mining town
business467People have gathered around
IntroductionGABORONE, April 3 (Xinhua) -- The setting up of Pipe World, a Chinese company that specializes in th ...
GABORONE, April 3 (Xinhua) -- The setting up of Pipe World, a Chinese company that specializes in the production of PVC and high-density polyethylene (HDP) pipes, will spur the economic revival of Botswana's eastern town of Selibe-Phikwe, a local official has said.
Kefilwe Motlhanka, the manufacturing and industry development manager at the country's Selibe-Phikwe Economic Diversification Unit (SPEDU), said Tuesday that the revival of the city, situated some 400 km northeast of Gaborone, Botswana's capital, is slowly taking shape thanks to the contribution of the Chinese company.
Twelve years ago, the economy of Selibe-Phikwe town sank into depression following the closure of the nickel mining BCL Mine, leading to a great loss of jobs resulting in the massive migration of its residents, said Motlhanka.
Unlike many other towns and cities in this diamond nation of Botswana that have their economies anchored on industries, Selibe-Phikwe's lifeline relies heavily on the existence of nickel mining and copper smelting, she said.
"Life is slowly returning to normalcy following the setting up of Pipe World in our city in 2020," said Motlhanka, adding that the company has so far created 100 employment opportunities and the jobs are likely to increase to 300 once fully operational.
Motlhanka said the establishment of the project worth about 40 million pula (2.92 million U.S. dollars) has increased the cash flow in Selibe-Phikwe and markets that had collapsed when the mining entity closed down in October 2016.
According to Motlhanka, the schools that suffered from low enrollment after employees withdrew their children due to losing their mining jobs are slowly but steadily returning to normalcy.
Wenjie Wang, the company's general manager, said his company is ready to manufacture enough pipes that the country dearly needs to improve its water reticulation system. "Our pipes are needed to improve water supply across the country."
The products manufactured by Pipe World include sewer lines, electrical works and potable water conveyance systems, Wang said, adding that irrigation systems will be introduced in the next five years, a development that will boost Botswana's growing agricultural sector. ■
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Station news portal”。http://tonga.downmusic.org/content-10c599912.html
Related articles
China's foreign trade starts on steady note in 2023
businessThis aerial photo taken on Feb. 25, 2023 shows the container terminal at Qinzhou Port in south China ...
【business】
Read moreXi Focus: Xi Stresses Striving in Unity to Fulfill Goals Set by Party Congress
businessContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【business】
Read moreXi Meets S. Korean President Yoon Suk
businessContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【business】
Read more
Popular articles
- China, Norway share common goals at ministerial meeting
- Xi Urges Efforts to Carry Forward Great Founding Spirit of CPC and Yan'an Spirit
- (CPC Congress) 20th CPC National Congress Concludes
- Xi Focus: Xi Calls for Scaling up Global Action on Wetlands Conservation As COP14 Opens
- China Focus: China strives for vitality after COVID management downgrade
- Exchange Event Convened to Mark 8th Anniversary of Lancang
Latest articles
Mozambique inaugurates Chinese
(CPC Congress) CPC Elects New Central Committee, New Central Commission for Discipline Inspection
Chinese President Appoints New Ambassadors
Xi Congratulates Russia
Romance of Spring: Cherry Blossoms Meet Beauty of Traditional Chinese Costume
Xi Focus: Xi Steers Import Expo into Global Platform for Sharing Chinese Opportunities
LINKS
- Schwarber and Harper lead Phillies' power display in 9
- Draisaitl, Hyman lead Oilers to 6
- Area 51 has ultra
- Stark Chernobyl before and after images show how once
- Migration roils US elections. Mexico sees mass migration too, but its politicians rarely mention it
- The REAL Evangelos Marinakis: The explosive hire
- Woman, 19, goes to meet man, 29, after striking up romance online
- DR MICHAEL MOSLEY: The simple drug
- The REAL reason Garden Rescue host Charlie Dimmock never shows her own home's garden on screen
- Channel 4 is set to make major change to Gogglebox 11 years after the show began