SUBSIDIARY NAME
123 DIMENSION PTY LTD
COUNTRY
BOTSWANA
SECTOR/ INDUSTRY
AVIATION
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
JAN 29, 2021
ACQUISITION VALUATION
15 BILLION USD
TOTAL ASSET VALUATION
150 BILLION USD
TRANSPORT-AVIATION
123 DIMENSIONS (Pty) – IIB-DG acquired 123 Dimensions (Pty) for the purpose of Construction of the Mophane City International Airport, Solar & Business Park in Palapye. Botswana It is expected that the implementation of the project will benefit Botswana by Knowledge and skills transfer to citizens, technology transfer, employment creation, and economic empowerment; The airport will be built to international standards and specifications, allowing for usage by larger aircraft, thereby increasing capacity and improving traffic flow.
IIB-DG acquires 123 Dimensions (Pty) Ltd Construction of the Mophane City International Airport in Palapye. Botswana. Project valued at $15billion united states dollars.