Phase Three of Maerua Mall officially opened

24 Apr 2014 13:00



 President Hifikepunye Pohamba officially opened the expanded Maerua
shopping mall here on Wednesday evening.

Phase Three of the mall was completed earlier this year, with 2 230
parking bays and 148 shops at a total cost of N$360m, making it one of
the biggest shopping centres in Namibia.

In his keynote address, Pohamba said this development contributed
N$17m towards the upgrading of roads in Windhoek and provided 600 jobs
during the construction phase, while 150 permanent jobs were also
created after the construction.

"As Government, we acknowledge the vital contribution which is being
made by the private sector to the growth of our country.

As such, we remain committed to the promotion of cooperation between
the Government and the private sector as partners in the social and
economic development of our country," he said.

Pohamba noted that the construction work was completed without any
accidents involving the workers or the general public, and commended
the contractors for ensuring safety at all times during this period
since Phase Three started in 2012.

Government will furthermore continue to modernise its laws and
regulatory frameworks to ensure that they are effective in
facilitating private investments and the operations of business in the
country, and will also create a conducive environment in order to make
Namibia the most attractive investment destination in Africa, he
added.

"We are putting in place the necessary infrastructure, which will
serve as the backbone for all economic activities, including the
construction of public infrastructure such as roads, railways,
telecommunication and electricity," the Head of State said.

In 2006, Phase Two of the Maerua Mall expansion project consisted of
650 parking bays and 64 additional shops at a cost of N$183 million.

The shopping complex is owned and managed by Oryx Properties Limited (Ltd).
(NAMPA)