XAIMEN: Most Namibian businesspeople attending the 16th China International Fair for Investment and Trade have already identified potential partners and investors in their areas of interest.
In an interview with Nampa here on Monday, Development Manager of Komeho Namibia Development Agency, Gabriel Hangara, said his team of five have identified about three potential Chinese partners in areas of manufacturing for agricultural production.
Hangara said his company seeks agriculture implements and machinery, solar products and skills’ transfer.
He said the company focuses on hammer mills, threshers, juice pressers, water troughs, windlass, fouls hatching machines, bush pumps as well as energy-saving, and outdoor mobile toilets.
“We had constructive discussions with a number of Chinese businesspeople, and so far have identified three potential investors that we intend to consider,” Hangara said.
He noted that his company will follow up for final discussions, and create solid and stable cooperation for the benefit of both countries and their peoples.
General Manager for Mineral Resources Extraction of the Epangelo Mining Company, Phillip Pendukeni said his team of two, including the company’s s Managing Director Eliphas Hawala, is attending the event to seek for partnerships in the development of the company’s assets.
Pendukeni said they had conducted discussions with various private companies in China, and are hoping for further discussions.
They are here to promote the company and find investment areas.
Namibia, Zimbabwe, Uganda, South Africa are some of the African countries participating in this event.
The Namibian team of more than 20 Namibian businesspeople and Government officials led by the Deputy Minister of Trade and Industry Tjekero Tweya is attending the event, which focuses on national and international investment negotiations and investment policy promotion; the coordinated development of national and regional economies; as well as economic and trade exchanges across the Taiwan Strait, which separates the island of Taiwan from the Asian mainland.
Namibian business entities represented at the CIFIT include the Namibia Chamber of Commerce and Industry (NCCI); Epangelo Mining; Etameko Marketing and Sales; Linn’s Investments; Great Kunene Minerals; Komeho Namibia Development Agency; Offshore Mineral Exploration; and Kondja Engineering, amongst others.
The fair, which is being held under the theme ‘Introducing FDI (Foreign Direct Investment) and Going Global’ started on Saturday and ends Tuesday.