Botswana Development Corporation (BDC) has launched one of its flagship projects, Tame Malls, popularly known as Mall of Maun, a state-of-the-art retail centre which promises to be a game-changer for the region.
BDC committed an investment of approximately BWP 250 million to the development of this expansive 21,500 square metre retail mall which is set to host a diverse array of businesses, such as Checkers, Shoprite, Woolworths, Ackermanโs, Okavango Pharmacy, Lovely Foods, and Soul Fashions, among others.
This vibrant mix of tenants is expected to create employment opportunities and significantly enhance the local economy, benefiting both Maun and its surrounding areas.
As the Governmentโs primary investment arm, BDC has a rich history of making impactful investments across various industries in Botswana. The Mall of Maun represents the latest addition to the Corporationโs impressive portfolio, with projections indicating it will generate approximately 1,500 jobs once fully operational. During the soft launch, over 50 percent of the tenants (39 out of 63) opened their doors to eager customers, with the remaining stores slated to commence operations by the end of June 2024.
Developed by Tame Malls, a citizen-owned Real Estate Development and Management company, the Mall of Maun is positioned to become a central hub for both tourists and locals.
It offers a one-stop shopping experience with cutting-edge facilities, ample parking, and family-friendly amenities that are set to enhance the overall shopping experience.
This development is expected to further boost Maunโs appeal as a leading tourist destination.
Speaking at the launch, Katso Gaobakwe, BDC Investment Principal, emphasised the Corporationโs commitment to pursuing commercially viable projects that drive significant employment and promote economic diversification in Botswana.
She stated, โThe Mall of Maun is a testament to our dedication to economic development, supporting local entrepreneurs, and offering unique services to the residents of Maun and the surrounding areas. We place great emphasis on fostering citizen-owned enterprises and championing a private sector-led economy.โ
