31 May 2013 06:40
WINDHOEK, 31 MAY (NAMPA) - A strong contingent of business people from Portugal arrived in the country on Thursday for a two-day business mission exploring various investment opportunities in Namibia.
The seven-member delegation of business executive is travelling under the leadership of the Portuguese Industrial Association, which was established to create conditions for its affiliate companies and associations to succeed in the technical, economic, commercial, associative, cultural and social fields.
A media statement issued by the Namibia Chamber of Commerce and Industry (NCCI) on Thursday said the delegation will be in the country as part of a business mission to stimulate investment and trade between their businesses in Portugal and businesses in Namibia, Botswana and Malawi.
After they conclude the Namibian leg of their visit, they will then proceed to Botswana and Malawi to explore and stimulate investment opportunities there as well.
The business executives are looking at business opportunities in sectors such as health, information and communication technology, automotive dealerships, transport and logistics, banking, energy, oil and the hotel industry.
The delegation had meetings with Namibian businesses and government officials at a Namibia-Portugal business forum held here on Thursday, and on Friday they were scheduled to attend a reception hosted by the Portuguese Embassy in Namibia.
?The arrival of this Portuguese business delegation will open up new channels of cooperation for the two sides, while leading to the consolidation of bilateral trade ties between the respective countries' investors,? said the statement.
The delegation will return to Portugal on Saturday.
A similar business executive delegation, to be led by the Portuguese Chamber of Commerce, is also expected to come to Namibia in two weeks' time to explore further business opportunities here.