Namibians in New York urged to invest back home

29 Sep 2015 12:30pm

 By Maggy Thomas NEW YORK, 29 SEP (NAMPA) -

President Hage Geingob has called on the Namibian community living abroad to invest in their respective communities or regions back home. Geingob, who is in New York, United States of America (USA) to attend the United Nations (UN) General Assembly, on Sunday met with the Namibian community living in the Big Apple.

Geingob said that while the Namibian Government has created an environment conducive for local and foreign investors to engage in business, they living abroad should take risks and invest in their villages instead of inviting foreign investors to do so.

"Take risks for your country, do not be opportunists and wait until things are going well so that you can come back home. Do not wait to be begged to come back home either," Geingob said.

The President indicated that while Namibia faces land issues, unemployment, and a lack of housing and food, among other problems, the nation is addressing the issues and could do with their help.

"We are expected to deliver to satisfy the needs of the people. But, Namibia is on the move with the intent to turn around the situation, with your help. Be proud of your country. The country has a working democracy, but people do not eat democracy, so we must hold hands to provide good services for our people," he told the gathering.

Geingob said people are now talking about a 'brain gain' and not a 'brain drain' as it was in the past. He told them to gain skills that would make money to be ploughed back into the Namibian House.

"Gain your brain and contribute. Let us hold hands and move to build Namibia, he stated. During the meeting, topics discussed included house prices, the dual citizenship policy in Namibia, service delivery and business opportunities in the country.