Africa-Press – Namibia. THE Namibia Investment Promotion and Development Board (NIPDB) has bagged its first award.
The board was presented a quality achievement award by the European Society for Quality Research (EQSR) at an award ceremony and convention held in Dubai, in the United Arab Emirates, on 11 December. The ESQR is a European organisation headquartered in Lausanne, Switzerland.
The ESQR Quality Achievement Awards, presented annually, honours and promotes quality awareness, and recognises good business practices, technological innovation, and quality achievements in companies, public administrations, and organisations worldwide.
According to the ESQR, the selection of award winners is based on the results of ESQR’s polls, consumer opinion research, and market studies. “We are proud of this achievement and what it represents for the NIPDB and Namibia at large.
“The NIPDB is still a young organisation, but we are a determined, agile and resilient team that is fully committed to delivering on our mandate to facilitate investments into Namibia and unlocking opportunities that enable a better quality of life for all Namibians,” says Nangula Uaandja, the chief executive officer of the NIPDB.
“This award is a feather in our cap, and international recognition of the hard work the board is doing to market Namibia to the world as an attractive investment and tourist destination,” she says.
The NIPDB has a significant role in driving the country’s economic development. As a public entity in the Office of the President, the NIPDB exists to spearhead Namibia’s economic revival, with a specific focus on investment promotion and facilitation.
“With the current state of our economy, investment by local and foreign nationals has been identified as the most viable lever Namibia can pull to propel economic growth,” Uaandja says.
Since its inception in April this year, the NIPDB has engaged in various activities aimed at positioning Namibia as an attractive and viable investment destination.
Notably, the NIPDB is facilitating Namibia’s participation at the Expo 2020 Dubai with the ultimate aim of attracting foreign direct investment in the country, through promoting the country’s investment potential in key sectors, such as renewable energy, tourism, and logistics.
Last month, the board also facilitated a renewable energy business summit attended by key stakeholders, such as NamPower, the Electricity Control Board, and the Ministry of Mines and Energy, where the country presented potential investors with investment opportunities available in the energy sector.
Uaandja says the NIPDB is ending the year on a high note, and is looking forward to making further strides towards improving the lives of all Namibians in the new year.
“I would like to thank every NIPDB staff member and all the stakeholders that supported our efforts to market Namibia to the world. Namibia is indeed open for business, and together we can build a resilient country in which economic prosperity is a reality for every Namibian,” she says.
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