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Namibia seeks Partnerships for Investment Projects

The High Commission for the Republic of Namibia in Pretoria reports that developers of 14 lucrative Namibian projects will be meeting with potential investors in Johannesburg this week. Over 150 high-level B2B meetings will be taking place.

On 23 February 2017, Namibian project promoters will showcase JV, financing and investment opportunities on profiled, bankable investment projects to serious SA investors.

This follows the successfully held official launch in Johannesburg of the Invest in Namibia International Conference on 06 October 2016 and the Conference held from 08-09 November 2016 in Windhoek. The Investment Conference attracted over 80 South African business delegates to Namibia.

The Post-Invest in Namibia International Conference B2B meetings attracted strong interest among South African businesses keen to take advantage of new opportunities across multiple industries including agriculture, energy, logistics, manufacturing, property development, transport and tourism.

The investment facilitation meetings are in line with national efforts to bolster the new Harambee Prosperity Plan, through which the government of Namibia seeks to reinforce an enabling environment for businesses interested in investing into Namibia. South African and other visa exempted countries do not require visas when travelling to Namibia for holiday, business meetings and conference purposes. Speaking at a recent Invest in Namibia briefing, Namibian Finance Minister Calle Schlettwein said: “Namibia offers an excellent basket of incentives and fantastic prospects for good returns that can be repatriated freely.”

H.E. Veiccoh K. Nghiwete, High Commissioner for the Republic of Namibia will deliver welcoming remarks, after which prospective investors will have opportunities to engage in one-on-one meetings with the Namibian project promoters. Mrs Bonaventura Hinda, Head of the Commercial Office at the Namibian High Commission and representatives from the Namibia Investment Centre will also be present to assist companies with investment and trade related enquiries.

Potential investors will have an opportunity to discuss investment projects including:

Agriculture and Tourism:

  • Diyundo/Mukwe Agriculture & Tourism Project
  •  Commercial Cattle Feedlot

Infrastructure:

  • Otavi Truckstop, Industrial and Logistic Hub
  • Community Rail Service between Windhoek Central & Suburbs

Energy:

  • Concentrated Solar Power (CSP) with Thermal Energy Storage (TES)
  • Electricity Generation through Biomass Harvesting

Manufacturing:

  • Bitumen Manufacturing
  • Charcoal Production & Processing
  • Foundry Project
  • Kaptau Paper Packaging
  • Otavi Rebar Manufacturing

Mixed-use Property Development:

  • Sungate City
  • Ongos Monte Christo City

Public Private Partnership Policy Framework on Namibia:

  • Policy Framework on PPP – Ministry of Finance PPP Unit (Affordable Housing Pilot Project)

Namibia Investment Centre/High Commission Investment Enquiries:

  • Charcoal Production and Packaging
  •  Marble and Granite Processing

To discover more about Namibia’s investment projects, and for enquiries go to http://namibiacommercialoffice.org.za/investment-projects/

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