{"id":15658,"date":"2022-03-24T14:35:02","date_gmt":"2022-03-24T14:35:02","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business"},"modified":"2022-03-24T16:04:59","modified_gmt":"2022-03-24T16:04:59","slug":"geingob-namibia-ready-for-business","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business","title":{"rendered":"Geingob: Namibia ready for business"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>President Hage Geingob yesterday encouraged international investors who have not yet invested in Namibia to make an investment decision and become investment partners.<\/p>\n

Speaking at the launch of the Namibia Investment Summit, being held on the margins of the Dubai Expo 2020 in the United Arab Emirates (UAE), Geingob said those who cannot become investment partners should try to become Namibia\u2019s tourism partners, adding that the aim of the summit was to partner up with renowned<\/p>\n

investors and business people to take Namibia to the next level of development. \u201cNamibia is ready to do business and welcomes you with many opportunities,\u201d he added. The President noted that Namibia and the UAE enjoy excellent political, economic and diplomatic relations, and he hopes the investment seminar will further build to strengthen friendship and bilateral relations.<\/p>\n

\u201cWe could not have asked for a more befitting audience, comprising diverse sectors and investment interests from all over the world as well as from Dubai and the Middle East region. We look forward to interacting with you on investment opportunities in Namibia,\u201d said Geingob. More than 19 countries are participating in Expo 2020 Dubai under the theme \u201cConnecting Minds, Creating a Future\u201d.<\/p>\n

According to Geingob, the expo has since its official commencement been connecting different countries and people in various sectors with each other. \u201cOnce more, we thank the host government for the sterling work of contributing to the betterment of global relations between our countries; and for the successful hosting of this expo, which has enabled countries such as Namibia to showcase their investment, trade, industry and tourism opportunities,\u201d he said.<\/p>\n

The President informed summit delegates of the Harambee Prosperity Plans I and II as intervening instruments to accelerate the country\u2019s development vision of becoming an industrialised and prosperous nation.<\/p>\n

Said Geingob: \u201cThis is why we are gathered here today, to seek your partnership and participation in our HPPII, by offering investment opportunities in areas such as green hydrogen and ammonia, oil and gas, infrastructure development, tourism, value addition across all sectors, food production and exports.\u201d<\/p>\n

In addition, he addressed investors\u2019 concerns regarding the safety and accessibility of their capital, machinery and know-how if they decide to invest in a new market such as Namibia, and whether they would be allowed to repatriate profits to their home country.<\/p>\n

\u201cOn these questions, let me reassure you that not only is Namibia a rule-based democracy with membership to international investment protecting conventions and instruments such as the International Centre for Settlement of Investment Disputes (ICSID), the Multilateral Investment Guarantee Agency (MIGA) and others.<\/p>\n

We also have an independent judiciary that robustly enforces constitutionally-guaranteed property rights for all domestic and foreign investors. Moreover, the repatriation of profits, returns, loans and even the entire investment is legal in Namibia. Thus, there is no need for concern in that respect,\u201d Geingob assured delegates.<\/p>\n

At the launch of the summit, the CEO of the Namibia Investment Promotion and Development Board Nangula Uaandja shared the objectives of the event. These objectives are in line with Namibia\u2019s national drive to alleviate poverty and inequality by creating conducive conditions for inclusive economic growth and shared prosperity.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. President Hage Geingob yesterday encouraged international investors who have not yet invested in Namibia to make an investment decision and become investment partners. Speaking at the launch of the Namibia Investment Summit, being held on the margins of the Dubai Expo 2020 in the United Arab Emirates (UAE), Geingob said those who […]<\/p>\n","protected":false},"author":84,"featured_media":15657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8,12,16],"tags":[234,236,233],"class_list":["post-15658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nGeingob: Namibia ready for business - Namibia<\/title>\n<meta name=\"description\" content=\"President Hage Geingob yesterday encouraged international investors who have not yet invested in Namibia to make an inve ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Geingob: Namibia ready for business\" \/>\n<meta property=\"og:description\" content=\"President Hage Geingob yesterday encouraged international investors who have not yet invested in Namibia to make an inve ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-24T14:35:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-24T16:04:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623c969449177.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"333\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Geingob: Namibia ready for business\",\"datePublished\":\"2022-03-24T14:35:02+00:00\",\"dateModified\":\"2022-03-24T16:04:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business\"},\"wordCount\":539,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623c969449177.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/geingob-namibia-ready-for-business\",\"name\":\"Geingob: Namibia ready for business - 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