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From Maputo to Walvis Bay port |
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Written by Desie Heita
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Page 1 of 2
The clock is ticking and the count down to next month’s investor
conference has begun. The conference will boost trade in Namibia using such infrastructure
as the Trans-Kalahari Highway, the Trans-Kunene and Caprivi Highways.
The Ministry of Trade and Industry has started advertising
the conference, which is to be jointly chaired by the Presidents of South
Africa and Namibia, Thabo Mbeki and Hifikepunye Pohamba, respectively.
The conference is to be held from 31 October to 1 November
in Windhoek.
The investor conference aims at realising the Walvis Bay
Spatial Development Initiative, which started in early 2000, as a bilateral
economic development programme between South Africa and Namibia.
South Africa initiated the idea after the success of a
similar programme using the Maputo Corridor which connects it, at Mpumalanga
Province, to Mozambique.
A South African representative, Mhlangano Maphalala, was
dispatched to Namibia to assist the government in coordinating the project.
Maphalala has been with the Ministry of Trade and Industry
since the beginning of the year.
The spatial development initiative project is modelled on
the Maputo Corridor, which has been very successful, said Maphalala.
The Ministry of Trade and Industry has been calling for
submissions of viable business proposals from the business sector for scrutiny
ahead of the conference. There are 48 areas open to investors in Namibia in the
Spatial Development Initiative with emphasis being placed in such sectors as
agriculture and agro-processing, tourism, and mining.
The idea is to have the best viable proposals polished to be
exhibited to foreign investors at the conference. Business proposals requiring
substantial capital that local financial banks tend not to look at are set to
attract the eyes of foreign investors who would grace this conference.
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