INVESTMENT PROMOTION
BIPA will further be tasked with the provision of general advisory services and information dissemination on business registration and IPRs. Mr Tileinge Andima Chief Executive Officer Tel: +264 299 4400 Email: andima@bipa.na
OFFSHORE DEVELOPMENT COMPANY (ODC) (PTY) LTD
ODC was established in 1996, following the promulgation of the Export Processing Zone (EPZ) Act (Act No 9 of 1995) as an agency responsible for marketing, promoting and facilitating investments under the EPZ regime. The EPZ is an industrial development instrument of the Government, aimed at attracting export-oriented manufacturing and value addition activities. As a policy instrument, the regime is intended to: Facilitate imports of foreign productive capital and technology and the transfer of technical skills to the local workforce Promote the diversification of the local economy Increase the share contribution of the manufacturing sector to job creation and the country’s gross domestic product (GDP) ODC Core functions consist of: • Promoting and marketing the EPZ as a competitively attractive incentive regime and industrial policy for encouraging investment in export-oriented manufacturing operations • Screening applications and facilitating admission of qualifying investors under the EPZ • Managing and monitoring the performance of the EPZ enterprises and the programme in general • Advising the Minister responsible on the performance and any constraints to the effective development of the programme in Namibia The ODC provides the following investor services: • Information on investment opportunities under the EPZ and in the country in general • Information on the incentives offered by Government through the EPZ and other similar investment-incentive regimes • Evaluation and recommendation of qualifying applications for EPZ status to the EPZ Committee and the Ministry of Industrialisation, Trade and SME development for approval • Provision of affordable factory shells or warehouses at established industrial parks • Facilitation of linkages between investors and relevant central, regional and local government authorities and other service providers for the provision of basic services required for the establishment of businesses • Matchmaking and joint venture facilitation between local and foreign investors • After-care services to investors and periodic surveys to determine investor satisfaction • Expediting issuance of work permits to approved EPZ investors in collaboration with the Namibia Investment Centre
EXPORT PROCESSING ZONE INCENTIVES AND BONDED WAREHOUSING
The EPZ incentives are designed to give both foreign investors and Namibian-based entrepreneurs a competitive advantage when investing in export-oriented manufacturing or value-addition activities. The local and foreign investors who meet the conditions for admission under the EPZ enjoy equal treatment and eligibility to the applicable EPZ incentives, such as zero corporate tax and exemptions from duties and VAT on imported productive machinery and inputs. Applications for registration of an EPZ status are facilitated by the ODC and the Walvis Bay EPZ Management Company. The ODC has constructed and manages export-oriented business parks that are leased principally to exporters. These are at Oshikango and Katwitwi on the northern and north-eastern Angolan-Namibian borders respectively. There is also a multi-purpose industrial park at Katima Mulilo in the north-east of the country, close to the borders with Zambia, Zimbabwe and Botswana. Mr Phillip Namundjebo Acting Chief Executive Officer Tel +264 61 283 7361 Email: odc@odc.com.na
NAMIBIAN COMPETITION COMMISSION (NACC)
The Commission was established in terms of the Competition Act (Act No 2 of 2003). It is tasked with promoting competitive market conditions through investigation and prosecution of anti-competitive activities, reviewing and approving mergers and acquisition applications, and disseminating information to businesses, consumers and other stakeholders on competition matters. Namibia’s competition law covers the three major competition concerns, which are anti-competitive agreements, abuse of dominance, and anti-competitive mergers. It takes into account public interest provisions for protecting consumers by safeguarding competitive prices and product choices, and by promoting employment and advancing the social and economic welfare of Namibians. It also promotes special needs of the economy, such as the protection and promotion of small undertakings and the promotion of a greater spread of ownership among historically disadvantaged persons. The Commission is currently carrying out studies on the retail sector for development on behalf of the Ministry of Industrialisation, Trade and SME development. Mr Vitalis Ndalikokule Acting Chief Executive Officer Tel +264 61 22 4622 Email: vitalis.ndalikokule@nacc.com.na
NAMIBIA DEVELOPMENT CORPORATION
NDC was established under the Namibia Development Corpora- tion Act, Act 18 of 1993. The mandate, as stipulated in the NDC Act, is to act as Government’s im- emphasis on Industrial and Agri- cultural development initiatives. The objective of the NDC is to promote, w w w. n a m i b i a t r a d e d i r e c t o r y. c o m
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