In a renewed drive to attract foreign direct investment and to market the country as an attractive investment destination, Namibia last week hosted ‘Invest in Namibia’, an international investment conference.
The conference, which was took place from 8 to 9 November in the capital, Windhoek, was organized under the theme, ‘Promoting Investment for Inclusive Growth and Industrialization’.
Held under the auspices of the Ministry of Industrialization, Trade and SME Development (MITSMED), and organized in collaboration with key stakeholders, the conference aimed to present attractive opportunities to local, regional and international investors in targeted sectors that have the potential to contribute towards economic growth and job creation.
The conference showcased a pipeline of targeted investment projects in sectors such as, Housing, Agriculture, Energy, Logistics and Infrastructure, Manufacturing and Tourism. During the conference, the unique advantages that Namibia offered to the discerning investor were highlighted. The country has been described as the continent's most peaceful and politically stable environment. It also boasts an infrastructure that rivals many developed countries.
The theme ‘Promoting Investment for Inclusive Growth and Industrialization’ aimed to enable investors to talk directly with senior government officials and business leaders on how to they can benefit from Namibia as a growing trade and logistics hub. The Conference also profiled Namibia's national trade and investment strategies as well as specific business opportunities.
Additionally, the two-day conference included meetings with high-level government officials, briefing and presentations by various government ministries and organizations, as well as site visits to Namibian factories and investments projects on display.