//Kharas investment conference postponed to next year

The office of the //Kharas region Governor says the investment conference that was schedule to take place in September this year will only take place next year due to lack of funds.

The Investment conference is being organised by the office of the governor which aims to create a platform for the sharing of ideas on promoting the region as an investment location and promoting private and public projects that are ready for investment.

The region's economic development success stories will be also showcased at the conference.

Last year in November the region's governor, Lucia Basson announced that the conference will be taking place in September this year.

Speaking at the Economic stream workshop here on Wednesday the governor's personal assistant, Lukas Shekwaanyena said the conference will have to take place in June or July 2019.

Shekwaanyena said the working committee that was established in March this year to organise the event is now looking for possible donor to acquire funds for the conference.

When the conference was set to take place there were not funds available or direct commitment of funds so now we have identified possible funders that we need to approach to secure funds for the conference, he said.

He said according to the committee that was established to plan the conference much is needed to be done and with only one month left it will be not possible to hold a successful conference.

The committee said it is not possible for one to hold the conference because of the work load, the work to be done is too much and we wanted to move it to November but in November we have election so we moved it to next year, said Shekwaanyena.

The two-day economic stream workshop brings the //Kharas regional council and the Northern Cape Provincial Government of the Republic of South Africa together to update possible stakeholders on development affairs between the two counterparts.

This is part of a twinning agreement signed between the two areas on 14 September 1999, to look at economic development opportunities, safety and security and improve education and culture tolerance.

Source: Namibia Press Agency