31 Aug 2019 16:50pm
LÜDERITZ, 31 AUG (NAMPA) - Lϋderitz is a town with an underutilized economic potential, its Mayor, Hilaria Mukapuli, has said.
She was speaking at the commissioning of the first manganese shipment through the Port of Lϋderitz here on Friday.
She said the town has favourable conditions for sustainable export-oriented growth, which can lead to long-term job-creation opportunities as well as opportunities for small and medium enterprises.
It is my conviction that together as stakeholders, if committed to future economic development initiatives, can positively contribute to a well-restructured local economy transformation, said Mukapuli.
The mayor said the economy of Lϋderitz critically depended on private sector investment, adding that the achievement of economic development in the town and the ||Kharas region at large requires reliable and sustainable infrastructures.
In order to attract potential investors hence the re-activation of the train bears testimony to that. We are convinced and positive that the previous years of stagnation would be turned into years of continuous local economic growth, she added.
Speaking at the same event, Deputy Minister of Industrialisation, Trade and SME Development, Lucia Iipumbu, said the key feature of the Namibian economy is re-export, with many imports through the economy being re-exported to the Southern African Development Countries (SADC) hinterland.
Our ambition is thus to make Namibia also be a Trans-Economy but with export from SADC being routed through our ports to [the] world market, thus promoting bidirectional transit within SADC, she said.
She added that the Trans Oranje Corridor Route that links the Port of Lϋderitz to the Northern Cape of South Africa and southern part of Namibia to the Northern part of South Africa and subsequently to the broader SADC landlocked countries.
This will ultimately strengthen the Namibian value chain system and spatial development initiative along the corridor route and thus increase throughput capacity via the Port of Lϋderitz, Iipumbu said.
The manganese is being transportation from Tshipi Borwa Mine in the Northern Cape Province of South Africa through the Trans Oranje Corridor, via the Port of Lϋderitz to the international market.