27 Nov 2016 18:00pm
WINDHOEK, 27 NOV (NAMPA) Namibias Ambassador to China, Elia Kaiyamo has been accorded an honorary degree by the Victoria University in Hong Kong, China.
In his statement delivered at the conferment of the doctorate on Friday, Kaiyamo encouraged the Chinese business community to further explore investment opportunities in Namibia and Africa.
I urge all graduands and prospective investors gathered here today to closely look at Namibia as a viable and rewarding investment destination, he said in the statement availed to Nampa.
He applauded China for being one of the Namibias largest export markets, saying it continues to remain the largest foreign direct investor with investment in a wide range of sectors, in particular agriculture, mining and infrastructure development.
We are proud to count China amongst our countrys most trusted and reliable friends and partners in development, Kaiyamo said.
He said the government of Namibia views the conferment of the degree as encouragement towards ongoing joint efforts for greater mutual understanding and cooperation between the two countries and their people.
He said it also demonstrates an understanding and appreciation of the socio-economic challenges Namibia continues to grapple with.
While we have consolidated our democratic space and maintained prudent macro-economic stability, our economic growth and development trajectory continue to be affected by skewed rates of poverty, hunger, inequality and unemployment, Kaiyamo said.
He said Namibia has therefore adopted the Harambee Prosperity Plan (HPP), which aims to accelerate the reduction of poverty and economic development among people.
We are confident that we will make inroads in significantly reducing the number of people that go to bed hungry by the year 2030, he said.