Africa-Press – Namibia. The Prime Minister, Dr. Saara Kuugongelwa-Amadhila, highlighted Namibia’s duty-free access to significant international markets as one of the reasons why investors should consider investing in the country.
The Prime Minister made these remarks during a courtesy meeting with President Hage Geingob, where she spoke to the Consul of Namibia to India, Dr. Akkshye Tulsyan, and a business delegation from India. The delegation included representatives from water treatment, desalination, engineering, pharmaceutical, and plastics manufacturing companies, among others.
“We have access to international markets. So, when you come to Namibia, you don’t have to be worried about us being 2.5 million because we have duty-free access to very large markets that you’ll be able to access much more competitively than you probably have been able to from India. And we know that you have a lot of expertise and you’ll be able to fully harness the opportunities that are here,” Kuugongelwa-Amadhila said.
In addition to this, she said that Namibia is committed to harnessing the power of technology to improve government services by automating various processes. She explained that this would not only enhance efficiency and reduce costs but also minimize unethical behaviour that could lead to corruption.
“Soon we’ll be able to also receive tender bids online and make awards similarly. We think this improves efficiency, it reduces costs, but it also reduces chances of unethical conduct because there is no face-to-face engagement between investors and administrators. We have some gaps that we still have to close, but we’ve covered a lot of ground and we are confident that, together with our partners in the business sector, we would be able to cover the remaining ground,” she added.
The Prime Minister also highlighted Namibia’s strong governance framework as another reason for investors to consider investing in the country. She emphasized that investments are protected in Namibia, as the country is governed by the rule of law, and contracts are enforced in accordance with the law. Namibia, she added, also boasts an autonomous judiciary that ensures accountability within the government.
Furthermore, the Prime Minister emphasized the country’s youthful population and the government’s commitment to their development.
“We have a youthful population and we prioritise developing our youth to ensure that we provide a skilled labour force that will ensure productivity of labour, competitiveness of companies and therefore optimal benefits that we’re hoping should be mutually shared between the investors and our country so that we can prosper together,” the Prime Minister said.
Daisry Mathias, the Presidential Advisor of Youth Matters and Enterprise Development, further stressed the importance of youth development. She suggested that strengthening collaborations between India and Namibia would provide opportunities for young Namibians to gain expertise, technology, and training to build their capacity.
Nangula Uaandja, the Chief Executive Officer (CEO) of the Namibia Investment Promotion and Development Board (NIPDB), also attended the courtesy meeting and expressed optimism regarding collaborations between the two nations. She emphasized that “if India can generate jobs for up to 1.3 billion people, then definitely there are solutions there that we can apply in Namibia to generate jobs for us.”
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