OPECFund 9d ago

Changing Lives Together: An OPEC Fund Video Series Lesotho: The Tikoe Industrial Park Project established a modern industrial hub in Maseru, creating an enabling environment for manufacturing and private investment in Lesotho. By developing factory shells, serviced land, and essential infrastructure—including roads, power, and water systems—the project attracted investors and supported business expansion. At near-full occupancy, the park has generated over 20,000 jobs and contributes significantly to national income and tax revenues. It provides a scalable platform for industrialization, helping diversify the economy away from agriculture and external labor dependence. Overall, the project strengthens economic resilience, accelerates job creation, and supports long-term poverty reduction through private sector–led growth.