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Construction of mining town on track

Prime Minister Dr Moeketsi Majoro


March 13, 2021 2 min read

2 min read


THE Managing Director of Paramount Equipment Lesotho, Hubbard Monaheng says preparations are on track to build the mining town in Tlaeeng, Mokhotlong.

A sod-turning ceremony for the construction led by Prime Minister Dr Moeketsi Majoro was held in November 2020.

In spite of the evident delay in the actual construction work, Mr Monaheng said everything is still on track, adding that the company had been waiting for the borders to open in order in order for their partners from Dubai to arrive in the country before the operations begin.

Paramount Equipment Lesotho is a Basotho owned company that has joint efforts with its partners from other African countries to invest and provide professional engineering and technical services in the country.
Mr Monaheng said the new town will comprise a workshop where repairs and servicing of equipment used in mining operations will be done as well as a training centre to provide mechanical skills for Basotho.
 


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A total sum of M1 billion will be invested in the establishment of the mining town for five years with M300 million to be used immediately within the first 24 months to ensure the beginning of operations.
The plan, according to the company is to create employment for the local community for their socio-economic development. LeNA

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