Deputy prime minister Netumbo Nandi-Ndaitwah said that the Oshana region is a prime destination offering a favourable business environment and a range of untapped opportunities.
Nandi-Ndaitwah said this on Wednesday at the Oshana investment conference held under the theme “Igniting economic growth”.
“With its strategic location, fertile lands, and abundant resources, this region serves as one of the gateways to a thriving economy in Namibia.
What is required is for us to prioritise our investments in infrastructure development within the region,” she said.
She added that infrastructure such as improving road networks, electricity, and water supply systems will not only attract investments, but will also provide a conducive environment for businesses to thrive.
She said the conference aims to highlight the various sectors that offer immense potential for investment in Oshana.
“I always say that there are economic enablers which will ensure a balanced shared prosperity in our economy, namely, fishing, mining, agriculture and tourism.
During this conference, it is my belief that we will delve into the opportunities these sectors and other key sectors have to offer in the Oshana region.
Nandi-Ndaitwah added that with the support of the government, by providing farmers with access to modern farming techniques, equipment and financial support, Oshana can be a leading region in creating jobs for the unemployed and increasing food and nutritional production and consumption.
“Another sector offering great opportunities to the Oshana region is tourism. The Oshana region is home to the beautiful Etosha National Park, which attracts thousands of international tourists.
“By investing in infrastructure and marketing efforts, we can expand the park’s territory, increase visitor numbers, resulting in a boost to the local economy and once again job creation,” she added.
She said numerous reforms have been implemented to create a conducive investment climate and the government has kept its commitment to investing in vital infrastructure development to support and facilitate business growth in the region.
“Apart from governmental efforts, this conference also serves as a platform for entrepreneurs, businesses and community leaders to collaborate and maximise the region’s potential,” she said.
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