Public-private cooperation in promoting local products

18 Jul 2013 05:00

Minister of Trade and Industry Calle Schlettwein has emphasized the need for private-public engagement to cement proliferation of Namibian products on the local market.

Schlettwein who was speaking at the Team Namibia annual general meeting this morning, said there is a need for the country to promote engagement between the private sector and the public sector to find ways of improving accessibility of local products on the market.

"At the core of our development plan for manufacturing is the need to trigger a commodity based industrialization as the engine of growth and economic transformation. Namibia is endowed with significant human and natural resources that can be used to advance industrialization and structural economic transformation through value addition strategies in all sectors, but particularly in agriculture and agro-processing, mining and mineral beneficiation," he said.

This he argues, will cut down on exploiting resources that can still run out some day before the country benefits fully.

According to Schlettwein, exportation of raw materials in their original form will deprive the country of growth and creation of employment at a time when there is need for the creation of leeway to improve the plight of the young Namibian folk who have to deal with unavailability of work after their education.