06 Sep 2019 09:00am
NKURENKURU, 06 SEP (NAMPA) The Kavango West Region will host an economic symposium in October where possible investors will be offered the opportunity to invest in the regions identified key economic sectors.
Speaking to Nampa on Wednesday, Kavango West Governor Sirkka Ausiku said the regional leadership wants to engage with investors at the convention in efforts of growing the economy of the region.
She said the event is jointly being conducted with the Development Bank of Namibia (DBN) as a developmental partner, assisting them to identify the possible investors to attend the symposium.
Ausiku said the region has the potential to be an economic hub with its untapped economic offerings, and called on investors interested in investing in the region to come and see for themselves and read through a document they have prepared outlining the different sectors.
The sectors include agriculture, manufacturing, education, information and communications technology, retail and services, energy, mining, tourism and hospitality.
On agriculture, the governor said the region has enough land where investors can come and set up green schemes through public-private partnerships, with the hope of producing different types of agricultural produce and adding value to them.
She said the vision is not for the investors to only farm the land but put up manufacturing plants for value addition to their agricultural produce for local consumption and export purposes.
Our people are also farming mahangu, so we want a manufacturing plant to add value to our staple food to produce products such as instant porridge that we can distribute to schools in the region and export to different markets, Ausiku said.
She added that the region plans to approach the Embassy of India as that country also produces mahangu, with the hope of learning from their best practices.
On tourism and hospitality, Ausiku said this area was identified as having great potential since the region is blessed with a river and a forest - whereby investors can set up hospitality establishments and benefit from the conservancies found in the region as well.
In addition, she encouraged the youth to capitalise on the sector because of its potential, noting that the youth are also invited to the symposium together with members of the general public.