Industry: Industry Region: Lesotho Transaction Price: Not Disclosed Transaction Method: Equity Investment
Introduction: On September 21, the construction of Lesotho's Dikon Industrial Park was officially completed, and the Prime Minister of Lesotho, Dr. Pakarita Mosisilli. Pakalitha Mosisili), senior government officials and envoys in Lai attended the completion ceremony. Speaking at the completion ceremony, the Prime Minister said that the manufacturing industry is developing strongly and the government will continue to improve the investment environment and protect the legitimate rights and interests of investors and workers.
Details: Over the past three years, the National Development Corporation (LNDC) has promoted manufacturing to diversify the market. The industrial park includes 11 factory buildings, including garment processing, blanket production and processing, and car seat manufacturing. The entire industrial park is expected to hold 5,108 jobs. Kenelbone Leisanyane, CEO of LNDC, said the park's factory has a leasable area of 30,000 square meters and an estimated annual revenue of 60 million maleoty. The plant area in the park ranges from 2,000 to 7,000 square meters. At present, the developed park covers an area of 800,000 square meters, which is only 50% of the entire park plan, and the remaining undeveloped area is waiting for more factories to be built. The construction of the entire park cost 364 million Marotti.