WINDHEOK: Trade and Industry Minister Dr Hage Geingob says Namibia needs “good” investors who can maintain win-win situations to address the issue of unemployment and poverty in the country.
Geingob said this while welcoming a nine-member French business delegation to Namibia during a one-day seminar held here on Thursday.
“We welcome investors who will not intervene with our business situation, peace and stability in the country,” he said.
The minister Namibia has vast business opportunities in the areas of mining, transport, energy, construction, tourism and agriculture.
Speaking at the same occasion, President of the Namibia Chamber of Commerce and Industry (NCCI) Martha Namundjebo-Tilahun echoed the Geingob’s sentiments, saying Namibia also has endless opportunities in the areas of Information and Communication Technology (ICT), manufacturing, logistics and renewable energy.
“We also have a very attractive investment climate thanks to our longstanding political stability,” she said.
Namundjembo-Tilahun called on Namibian businesspeople present at the seminar to engage with the France delegation in order to develop business partnerships.
Meanwhile, Deputy Minister of Mines and Energy Willem Isaak urged companies with “the best technology” to invest in oil exploration in the country.
“We welcome investors in the area of hydro-energy who can come up with targetable projects,” he said.
Meanwhile, Chairperson of the Federation of French Enterprises (MEDEF) for the Southern Africa Region and Senior Executive Vice President of Electricity of France, Gerard Wolf have his assurance of the French business community’s commitment to adhering to Namibian laws.
“We operate in the country after evaluating the risk management and rule of governance, offering training and exchanging workforce for the benefit of both countries,” Wolf said.
The group was also given short presentations by, amongst others, Deputy Director of the Namibia Investment Center Wilbard Nashandi and Namibia Tourism Board (NTB) Chief Executive Officer Digu //Noabeb on possible investment opportunities in the country.
The group paid a courtesy call on President Hifikepunye Pohamba at State House later on Thursday.