Geingob endorses Erindi sale

26 Jun 2019 15:30pm
WINDHOEK, 26 JUN (NAMPA) – President Hage Geingob has endorsed the potential sale of Erindi Game Reserve to billionaire Alberto Baillères, saying such a deal would create jobs for Namibians and that the Mexican will also venture into other business opportunities while here.
The deal is still subject to the approval of the Namibia Competitions Commission.
Geingob met with Baillères at State House on Wednesday.
Before briefing the media Geingob, alongside Minister of Land Reform Utoni Nujoma, Finance Minister Calle Schlettwein and his advisors, met Baillères behind closed doors for about an hour.
It was during that meeting that Geingob assured him that his safety and that of his family is guaranteed.
“We are a law-abiding country… investors are welcomed by Namibians. That is why we are going to call an investment conference at the end of next month,” Geingob told Baillères.
Geingob further told journalists that he was impressed by Baillères, particularly because his investment seeks to protect the country's ecosystem and not just to 'make money'.
“We told him you must come and join us at our investment conference because we Googled him. Unlike you, I googled him and I realised he is a true investor with means,” he told members of the media.
The meeting comes a few weeks after traditional leaders threatened to incite their communities to revolt if the government continues to allow the sale of agricultural land to foreign nationals.
Opposition political parties have also come out to condemn the deal and have called on the government to reject it.
Baillères declined to take questions from the local media.
(NAMPA)
MEM/HP/AS