26 Aug 2016 11:20am
WINDHOEK, 26 AUG (NAMPA) - The Omaheke Regional Council will host its first-ever investment conference in November this year to lure more investors, Government agencies and the corporate sector.
We want to sell our region. We have a regional profile which is ready for them [investors] to look at, as well as our economic strategy, said Chairperson of the Omaheke Regional Council Ignatius Kariseb.
The region is renowned as one of the biggest beef producers, with an estimated 900 commercial and 3 500 communal farmers of which the majority are cattle breeders, as well as small-scale mining opportunities.
Kariseb told Nampa on Thursday the region faces a critical shortage of investors to accelerate development and employment opportunities.
If you look at the current status [of the region] in terms of investment it is very, very low, he said.
Kariseb added that Omaheke has vast investment opportunities in areas such as mining, agriculture and logistics which need to be explored as a matter of urgency.
He said administrators are currently in talks with potential investors, such as various embassies and the Walvis Bay Corridor Group to attract them to the region.
Investment, he noted, will be crucial in addressing socio-economic challenges such as the high unemployment rate, particularly among young people, infrastructural development of roads, telecommunication and improved access to services for the regions inhabitants.
Omaheke Governor Fetus Ueitele said poverty, hunger and unemployment continue to wreak havoc in the region and stressed the need for investment to create better opportunities.
The investment is very much needed because many investors are not aware of the opportunities in Omaheke. It cannot be over-emphasised in making a difference in the lives of our people, Ueitele told Nampa on Thursday.
He added that the regional leadership has enabled a conducive environment such as rigorous servicing of erven and commercial plots for business, as well as the political stability and peace.
We need feedlots and abattoirs for our farmers in the region, because we had an abattoir and it was closed and we have been fighting for it to be re-opened, he added.