Geingob concludes Japan visit

President HageGeingob has concluded his working visit to Japan, with the Pacific Ocean economic giant country committing N.dollars 42 million for vocational education and training sector.

Geingob attend the three-day seventh Tokyo International Conference for African Development (TICAD7) in Yokohama led by the Japanese government, alongside African Heads of State and leaders of Multilateral Organisation under the 'Advancing Africa's Development through People, Technology and Innovation'.

In a media statement issued on Sunday by the Office of the President said during the proceedings Geingob held bilateral talks with the Prime Minister of Japan Shinzo Abe with a focus on how the two countries could deepen investment and economic cooperation and multilateral fora.

The statement noted that during the bilateral talks Prime Minister Abe informed that Japan considered Namibia a potential investment destination and more could be done to lure Japanese business to Namibia.

It further noted that Japan also committed to assist Namibia with disaster relief.

Geingob informed that Japan was a trusted partner of Namibia with the country having played an important in the training of Namibians, including during the liberation struggle.

Namibia is now focused on the struggle for economic emancipation by building investor confidence, creating a conclusive business environment and becoming a destination of choice for tourists, international business and investors it said.

The Head of State remarked during the Public Private Dialogue that Namibia is an open-economy and ready to do business, adding that the economic growth trajectory is centred on a dynamic private sector.

Further, Geingob preached that Africa is open to do business with the world, as demonstrated through the established India-Africa, China-Africa, United State-Africa and the First Russia-Africa summit due for October 2019.

Namibia is well positioned as a gateway into Sub-Saharan Africa, offering excellent logistics with Dry Port facilities for landlocked countries, making them sea linked via transport corridors into the Southern African Development Community (SADC) region of 300 million consumers, the statement noted.

The President, also held several side engagements during TICAD7, including with the Japan African Union Parliamentary Friendship Association, Japanese companies currently doing business in Namibia, and Namibian students studying the PhDs at Universities in Japan.

The three-day event which commenced Wednesday, ended on Friday.

Source: Namibia Press Agency