Hotel, Tourism & Leisure Development

N/A

Amount Raised

N/A

Total Investors

Project Overview

The project entails the development of a hotel (minimum 100 rooms), with associated retail development, Development of Leisure & Recreational facilities, (Sports Village, River cruising, recreational fishing, Cable cars) and the restoration of the Town’s historical/heritage sites, for tourism. The Infrastructure needed for this development is water, sewerage Infrastructure, telecommunication services, Roads network, which are already available.

Sectors

  • Urban Infill & Public Space
  • Others (Hotel & Tourism development)
US$60,000,000.00
Funding Goal
Botswana
Country
Africa
Region

Objectives

The Project is part of those proposed by the Lobatse Urban Regeneration Plan, an extract form the Main Lobatse Development Plan. The Regeneration Plan, together with the Beef & Leather Industry economic Zone, are the prioritized projects to stimulate the Local & regional Economy. The project has been prioritized as the first one in the implementation of the Urban Regeneration Plan. It is part of a local plan, aimed at improving the physical image of the town, while exploiting its investment potential to turn it into an Regional Investment Hub.

  • To revive the town’s economy, this used to be contributing significantly to the National GDP.
  • To exploit the town’s maximum potential as a gateway to the neighboring countries. In addition to the project providing physical /spatial reform, it will also create employment opportunities within the town. The restoration of the historical moments within the town, which will also revive the tourism related sector, as well as enhance the spirit of cohesion among the residents as culture bring them together.
  • Implementation of the projects will also strengthen local governance as residents will develop a sense of trust on their local governments.

Progress Tracker

Phases

  • Phase 1 (Completed)

    Land servicing: This phase is already completed, as the proposed precincts are in the already services land. Access Roads, major Cross Border Highway, electricity, sewerage network, Telecommunication network, and water reticulation. The Proximity to the railway line for movement of heavy goods that might be used for construction like Scaffolding equipment.

  • Phase 2

    Construction of a Hotel & associated retail Development. The infrastructure needed for construction like water, electricity and for the operation of the facilities is already availed, through the Land Servicing.

  • Phase 3

    Development of tourist related and leisure & recreation facilities- setting up of cable cars, to connect tourists’ attraction sites, setting up of infrastructure to facilitate river cruising.

  • Phase 4

    (Optional) Development of a Sport Village to augment the existing Football Stadium-The facilities can be rented out for sports related activities.

Current Stage

Concept Stage: Specific projects are identified and conceptualized. There exists a basic economic model.

Timeline

No timeline.

Project Milestones

N/A

ESG Impact

Lobatse Town being the hub of the beef industry, has been declared as one of the Country’s special economic zones to host the beef and leather industries, with a leather park project being implemented currently, and the beef industry already existing, & supplying the international market, the proposed hotel and tourism development will address the need for such facilities to provide the needed services of hotel accommodation for business travellers. In addition to the project providing physical /spatial reform, it will also create employment opportunities within the town. The restoration of the historical moments within the town. will aslo revvive the toourism related sector, as well as enhance the spirit o cohesion among the residents as culture bring them together. Implementation of the of projects in the projects also stregnthen local governance as residents will develop a sense of trust on their local governments.

Beneficiaries

Unemployment is a challenge with the town and the region, and investment in this proposed development will create employment and boost the local economy. The Project is expected to benefit the local community at large, and the Southern Region, in terms of employment creation and improved living standards as the Town serves as a service centre within the Southern region (Greater Lobatse Area). Availability of facilities of this kind within the town, will benefit the cross broader commuters tourists, as they will now have an option to consider the town for a sleep over during their cross border journeys. The implementation of other upcoming projects (Dairy Plant, leather Park beef industry) are expected to create more than a 10 000 jobs, also resulting in the population growth, which will increase the current targeted regional population 194, 792 people.

SDG Goals

SDG 1: No PovertySDG 2: Zero HungerSDG 3: Good Health and Well-beingSDG 4: Quality EducationSDG 5: Gender EqualitySDG 6: Clean Water and SanitationSDG 7: Affordable and Clean EnergySDG 8: Decent Work and Economic GrowthSDG 9: Industry, Innovation and InfrastructureSDG 10: Reduced InequalitySDG 11: Sustainable Cities and CommunitiesSDG 12: Responsible Consumption and ProductionSDG 13: Climate ActionSDG 14: Life Below WaterSDG 15: Life on LandSDG 16: Peace and Justice Strong InstitutionsSDG 17: Partnerships to achieve the Goals

Rationale

SDG 1 – Ending Poverty

The proposed developments will be contributing to the Local Economic Development, in the sense that, it will create jobs and raise incomes for the Local communities, thus building their resilience, to economic shocks.

 

SDG 3 – Good Health & Wellbeing

Development of Infrastructure for leisure & recreation contributes to health bodies and minds, which is an element of Good Health & Wellbeing.

 

SDG 8 – Decent Work and Economic Growth

The Project will create employment opportunities during construction and after (during operation). Some of these jobs will be long term, and decent jobs as advocated by SDG 8.

 

SDG 9 – Industry, Innovation and Infrastructure

Land Servicing in preparation for Investors demonstrates the efforts by the Local Government, to develop quality Infrastructure to facilitate Private Sector Investment.

 

SDG 11 – Sustainable Cities and Communities

Restoration of the Town’s cultural heritage will be contributing to the Local Government’s efforts to define protect the urban cultural heritage for future Generations.

 

SDG 17 – Partnerships to achieve the Goals

The implementation of the Project through a partnership will be driving/promoting effective PPP’s and enhancing the Global Partnerships, through Development Financing to achieve the sustainable Development Agenda.

Risks and Limitations

What are the key risks, constraints and dependencies related to the project?

One of the anticipated risks is due to bio- physical environment of the Town, as it has a sensitive geological setting that might make the construction costs to go high. Climate Change Variability, is another risk, which might affect the river flow, thus affecting the river cruise business. The other risk anticipated is competition of the proposed leisure business, in the neighboring country, as they have the same concept. The project’s success depend on the successful implementation of the upcoming projects being the Beef & Leather Industry, which is anticipated to increase the targeted population/market. The support from Government Departments, and the other private sector entities within the region as they the targeted market/main consumers for the proposed Hotel facilities facilities.

Risk mitigation and continuity

The Government has already profiled the geo-physics of the town, and professional advice on construction methods already provided.. Intensified storm water management to ensure lifespan of the city’s targeted river. Leak Plugging ins through the Local Economic development Framework to reduce competition from the same project across the border.

Financing

Type of Investment

Equity

Financing Structure

Public Private Partnership

Secured Investment

Land Servicing is already done by the National Government, at the tune of $35 million

Committed Government Funding

No

National and Subnational Investors

N/A

Committed Private Funding

N/A

Support

Technical Support Required

The implementation plan of the whole plan, requires a PPP model for implementation, and the Town Council’s technical team responsible for implementation, needs to be capacitated in PPP.

Stakeholders

Governmental Buy-in

Yes. National Level, Subnational/regional level.

Other Forms of Governmental Support

The Government is ready to provide land as equity. The government departments as the targeted market will be encouraged to use the facilities.

The Government will be marketing the facilities through its arm - Botswana Tourism Organisation.
Affirmative action by the Government to remove restrictive laws to attract foreign investors.

National Ministries Involved

A. National Level- Ministry of Land Management, Water & Sanitation- Director of Town & Country Planning
B. Ministry of Local Government & Rural Development-Permanent Secretary
C. Subnational/regional level- Lobatse Town Council- Town Clerk

SubNational Ministries Involved

Lobatse Town Council- Town Clerk

Other Entities Involved

Botswana Tourism Organisation - CEO and Department of National Archives & Museums

Licenses and Permits

No

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Updates

  • 10th February 2020

    Cities Investment Platform in progress - updates pending

  • 10th February 2020

    Project featured on the Cities Investment Platform, which was launched at the Tenth Session of the World Urban Forum (WUF10)

Supporting Documents

No supporting documents included.

FAQs

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