SA, Botswana sign regional integration, economic growth MoU
South Africa and Botswana have signed a Memorandum of Agreement (MoA) that will see the two countries improve cooperation to stimulate economic growth and advance regional integration.
“Key to our agreement is that it will enhance regional integration as well as economic development. It will also enhance the free movement of people across our two countries,” Transport Minister Dipuo Peters said on Monday, before signing the MoA.
Part of the MoA includes the Upgrade of the Road and Bridges Infrastructure Development Initiatives between South Africa and Botswana, which entails cooperation in all designs, construction, financing, rehabilitation and maintenance.
The document is a practical action agenda, which identifies projects that should be undertaken to ensure regional economic development and integration.
This will improve the competiveness of the region through reduced transport costs and minimised delays in the movement of goods and commuters.
Rammotswa Bridge is one of the projects that are being implemented as part of the programme to upgrade bridges and river crossings connecting the two countries.
“The road and bridges project will go a long way in terms of strengthening regional integration as envisioned in the Southern African Development Community (SADC) protocols.