09 Jun 2017 15:30pm
WINDHOEK, 09 JUN (NAMPA) The local business community has called on the private sector to work with Government to establish proper platforms for full participation of all Namibians towards the successful implementation of the Fifth National Development Plans (NDP5).
Speaking during a panel discussion on NDP5 plans organised by Bank Windhoek here on Friday, several local business personalities requested Government to establish a strong partnership committee consisting of people drawn from both public and private sectors to monitor the speedy implementation and execution of NDP5 plans and projects.
The recently launched NDP5 is the fifth in a series of seven National Development Plans aimed at achieving objectives and aspirations of Vision 2030, and is effective from 2017/18 financial year up until 2021/22.
Bank Windhoek Managing Director, Baronice Hans said during the discussion that Government should seek the involvement and full participation of the banking and financial sector towards the funding of the implementation of NDP5 plans.
The complexity of the NDP5 plans is in its execution and implementation, and this needs the involvement of all Namibians, both in public and private sectors, stated Hans.
Youth leader and independent consultant, Hilda Liswani, called on the government to include the full participation of young entrepreneurs during the implementation of NDP5 plans and projects.
Do not be afraid to reach young businesspeople for their participation and inputs so that these NDP5 plans do not become white elephants, cautioned Liswani.
NDP5 comprises 80 programmes and 171 projects estimated to cost N.dollars 164.2 billion.
Minister of Economic Planning and Director-General of the National Planning Commission Tom Alweendo said Government will conduct meetings in the countrys 14 regions in the next few months in order to have inputs of people at grassroots level.
The NDP5 needs to have ownership of all Namibian stakeholders for successful implementation, he said.
Alweendo said Namibias economy is not growing fast enough and is not inclusive enough to properly address the challenges of the high rate of unemployment and the social evils of hunger, poverty and inequality.
According to him, NDP5 is an investment that needs proper evaluation and monitoring systems by all stakeholders in both public and private sector.