INVESTMENT OPPORTUNITIES
With its stable government and economy, Namibia offers numerous opportunities in various fields for international investors.
SERVICED LAND AND HOUSING
Namibia has a huge backlog of affordable serviced land and housing. Several large housing projects have been launched but there are still opportunities for investment in this field, especially in the case of middleand low-income housing.
MANUFACTURING
The broad outline for the country’s industrialisation between 2012 and 2030 is provided in Namibia’s Industrial Policy. Specific targets in Vision 2030 are that the manufacturing and services sectors should constitute about 80% of the country’s gross domestic product (GDP) and that processed goods should account for no less than 70% of total exports. There is, consequently, great potential for manufacturing enterprises that produce processed and value-added goods, as well as services. Growth at Home is the strategy that is being implemented for the industrialisation of Namibia. Starting in 2015, the strategy is being implemented in four phases of five years each to 2030 and beyond. Namibia has a wealth of natural resources and local value addition is one of the most important features of Growth at Home. The strategy also aims to upgrade and diversify locally manufactured products. Priority industrialisation programmes have been identified in the following sectors: agro and fish processing, steel manufacturing and
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metal fabrication, transportation equipment, manufacturing, automotive industry, chemical industry, mineral beneficiation, green economy, building material and furniture, and pharmaceuticals and cosmetics. The Namibian Manufacturers Association (NMA) is an association not for gain which represents Namibian manufacturers by facilitating a sustainable, competitive and preosperous manufacturing industry for all stakeholders. The associations’ role extends to discussions and negotiations with Government, other sectors in the country and foreign organisations, also as part of foreign trade negotiations. The NMA continuously advocates for better working relations and dialogue between manufacturers and retailers. For full NMA profile refer to page 19.
Namibian Manufacturers Association (NMA) E-mail: nma@nmanamibia.com Website: www.nmanamibia.com Phone: +264 (61) 308 053