29 Jan 2014 06:50am
BANGALORE, 29 JAN (NAMPA) The Namibian government is busy conducting a feasibility study to determine the actual cost of the planned Entrepreneurship School to be constructed in the country.
The envisaged Entrepreneurship School will be funded by the Government of India.
Namibian Trade and Industry Minister Calle Schlettwein met with Indias Minister of Commerce and Industry, Anand Sharma, on Wednesday on the sidelines of the Partnership Summit underway in Bangalore, India.
He told Nampa immediately after he met Sharma that the Government of India has reconfirmed that it will assist Namibia in establishing this school in the country.
He said the Government of India is ready to fund its construction, and will also provide the expertise.
Schlettwein noted that the Namibian government is busy conducting a feasibility study to determine the actual cost and scope of the project.
The Government of India also indicated that it will assist and cooperate with us in our drive for value-addition exercises, based on our raw materials.
We are happy to confirm that our cooperation in capacity-building can further be strengthened by setting up the Entrepreneurship School, and India will help with financing and avail expertise, the minister noted.
He said the meeting with Sharma went well, whose purpose was to see what India and Namibia could jointly do to assist the latter in its industrialisation drive.
Namibia and India have had a traditionally friendly partnership, which needs to be strengthened further.
We have agreed that the close partnership that we had up to now should also be facilitating closer cooperation in the trade and economic sectors, Schlettwein said.
The Namibian delegation is expected to meet with a delegation from the Bangalore Chamber of Commerce and Industry on Wednesday.