NAMIBIAN GOVT TO CONTINUE HELPING PRIVATE SECTOR CONTRIBUTE IN NATION’S DEVELOPMENT

WINDHOEK, Feb 13 — President Hifikepunye Pohamba says his government remains committed to creating the necessary conditions for the private sector to contribute towards poverty eradication, skills formation strategies and the improvement of living conditions of all Namibians.
Addressing the first ordinary Cabinet session for 2014 at State House here Tuesday, he said: “We need the private sector to invest in business ventures that can create more sustainable jobs for unemployed Namibians, especially the youth.”

He further called on the private sector to provide apprenticeships and practical training opportunities to the country’s youth.

The Head of State expressed the urgent need to finalise the Implementation Strategy Framework for the Industrial Policy, the Modernisation of the Foreign Investment Act, and the new Public Procurement Law.

““I direct the relevant institutions to finalise the Public-Private Partnership (PPP) framework as a matter of urgency in order to boost economic activities in the country,”” he said.

Pohamba also highlighted other important projects which need speedy implemented, including the Kudu Gas-to-Power Project; expansion of the Walvis Bay Port; and the construction of the Neckartal Dam.

All these projects would create employment for Namibian citizens and elevate poverty among communities and the president stressed that the task of nation-building demanded leaders, at different levels, to spare no effort in serving the Namibian people and carrying out the duties, responsibilities and mandates entrusted to them by the citizens.

 

Source: NAMPA