CORRECTION: Namibia to host investment conference

22 Jun 2016 16:20pm
CORRECTION: Title of conference in second para to: Invest in Namibia 2016 Conference

WINDHOEK, 22 JUN (NAMPA) – The Ministry of Industrialisation, Trade and Small and Medium Enterprises (SME) Development will later this year host a conference to promote Namibia as an ideal investment destination.
The 'Invest in Namibia 2016 Conference' is scheduled to take place from 08 to 09 November under the theme 'Promoting investment for inclusive growth and industrialisation' in Windhoek.
Speaking at the announcement of the conference here on Wednesday, Minister of Industrialisation, Trade and SME Development, Immanuel Ngatjizeko said the event is expected to raise Namibia’s investment profile among the expected audience as an attractive and welcoming destination for investment in the region.
“This conference will be the largest global investment event in Namibia. Our scale of transformation is vast; the economic and social infrastructure is modernised, incentives are in place and the opportunities we offer are massive.”
Ngatjizeko added that the conference will be a platform where Namibia can further enhance its international standing as a peaceful, open and democratic country that is ready to do business with the rest of the world.
He said key stakeholders representing reputable enterprises both local and international, are expected to attend the conference to present eye-catching investment opportunities to regional and international investors.
The minister explained that a number of bankable projects in various sectors will also be showcased, which would contribute towards economic growth, accelerate industrialisation and subsequently job creation in the country.
The targeted investment projects in key industries such as energy, agriculture, low-cost housing, tourism, manufacturing and infrastructure will be illustrated during the conference.
“Namibia, being a child of the international community, believes in partnerships and therefore, in our quest towards sustainable long-term growth and inclusive development, we are reaching out to stakeholders and partners in this endeavour, both local and abroad.”
He called upon all potential investors, including representatives of international and domestic businesses of all sizes that sought to establish or expand operations in Namibia to attend the event.
Ngatjizeko further invited representatives of economic development organisations, people with specific expertise, investment promotion agencies and chambers of commerce that can offer best practices to come and join Namibia in 'sharing prosperity'.