Okakarara urges investors to explore opportunities

03 Mar 2017 16:30pm
WINDHOEK, 03 MAR (NAMPA) – Investors should consider establishing businesses at Okakarara to help fight various challenges the town is facing, Okakarara Town Council Chief Executive Officer (CEO) Ehrnst Katjiku has said.
Speaking at a media briefing during the launch of the 11th Okakarara Annual Trade Fair here on Friday, the CEO said unemployment is the biggest challenge the youth there face.
Katjiku said employment opportunities are scarce, while a narrow revenue base and lack of serviced land are some of the other challenges.
“We are therefore calling on companies to invest in big factories here so as to create employment for these youths,” he said.
Katjiku said the town council is willing to make land available to these companies.
He added that they are also looking at improving their sources of revenue base by initiating various activities to raise money.
On the land issue, he said the availability of banks such as Bank Windhoek, Standard Bank and First National Bank has increased the demand for land and housing in the town.
Katjiku, however, admitted that the town council is unable to provide serviced land and is relying on the line ministry to do so.
“We are currently engaging these banks through public-private partnerships on the issue of servicing land so as to build houses, with the same banks providing lending facilities for potential home owners,” he told Nampa.
Katjiku said the area produces a lot of cattle, but they cannot add any value to their products as they do not have the facilities to do so.
He called on the Meat Corporation of Namibia (Meatco) to open abattoirs which will help add value to the cattle slaughtered in the town, while providing employment opportunities for the locals.
Okakarara in the Otjozondjupa Region is situated 50 kilometres south-east of the Waterberg National Park.
It has an estimated population of 7 000 which grows by about 1 500 annually.