NAMIBIAN, GERMAN INVESTORS DISCUSS BUSINESS OPPORUTNITIES AT WINDHOEK MEETING

WINDHOEK-- German investors and Namibian business people have been urged to leverage synergies between the ports of Walvis Bay and Bremen by using as destinations for imports and exports to and from Africa.

This was stated here Thursday by the Adviser for Private Sector Interface and Constitutional Affairs in the Office of the President, Inge Zaamwani-Kamwi, when she addressed a one-day meeting held between German and Namibian investors.

The Ministry of Industrialisation, Trade and SME Development, in partnership with the Germany Embassy in Namibia, hosted the Business Matchmaking Session with the aim of strengthening economic relations and enhancing co-operation in trade and investment between the two countries.

Representatives of six companies from Bremen met with Namibian business people here to discuss possible opportunities in oil and energy, logistics and import and export of food products.

Zaamwani-Kamwi said trade between the two countries was skewed, thus the meeting should review what was being exported to Germany to increase those components or commodities, particularly ready-to-consume goods.

She said Namibia should set itself up as a logistics hub and not only look at the traditional way of trading but should focus on industrialisation as well. "The investment climate in Namibia is conducive but more can be done to facilitate the investment climate," Zaamwani-Kamwi stated.

Source: NAM NEWS NETWORK