03 Nov 2016 17:20pm
RUNDU, 03 NOV (NAMPA) Founding president Sam Nujoma says the Rundu Trade Fair has an important role to play in the furtherance of the development of the town in the Kavango East Region.
Nujoma, who is the patron of the 2016 Rundu Trade Fair, made the remarks during the official opening of the trade fair on Thursday.
The trade fair started on Tuesday and ends on Saturday.
I am pleased with the rate at which the town is developing into an economically vibrant urban area offering diverse opportunities to its inhabitants, visitors and also to prospective investors, he said.
Nujoma said Rundu is strategically located and a gateway to most of the neighbouring countries via the Trans-Zambezi Highway.
The Rundu Trade Fair is being held under the theme Embracing and promoting our cultural diversity towards socio-economic development.
The trade fair is mainly aimed at helping local Small and Medium Enterprises (SMEs) to showcase their products and services. It also gives them a platform to network with other businesses.
Nujoma said he is confident that the event will serve as a springboard for local economic development, not only to diversify and attract investors, but also in the improvement of the infrastructure of the town.
A total of 187 exhibition stalls were occupied by the end of the first day of the trade fair.
The main exhibitors include government ministries, Namibias Northern Regional Electricity Distributor (Nored), NamPower, MultiChoice Namibia, Paragon Fish Products, Standard Bank, SME Bank, University of Namibia (UNAM) and the Rundu Vocational Training Centre.
There are also exhibitors from other countries such as Kenya, Zambia and Tanzania.
Other events scheduled to take place during the trade fair include a five kilometre marathon sponsored by Mobile Telecommunications Limited (MTC); a livestock exhibition and auction and the Miss Kavango Beauty Pageant.