Namibia’s first participation in WEF a success

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Namibia’s first participation in the annual World Economic Forum (WEF) has been described as a resounding success.

The WEF meeting took place from 22 to 26 May in Davos, Switzerland, under the theme ‘History at a Turning Point: Government Policies and Business Strategies.’

President Hage Geingob joined over 2 000 leaders in the ski resort of Davos, as he led the Namibian delegation to one of the most high-profile meetings of global leaders.

It was a spectacular week of investor interactions and amazing exposure for Namibia to the world regarding Green Hydrogen projects and investment potential for the country, Namibia’s Brand Ambassador, Michelle McLean, said.

“I am very honoured and proud to be a part of WEF 2022 with HE Hage Geingob and all our ministers who did an amazing job representing our country,” she said.

She thanked the Namibia Investment Promotion Development Board (NIPDB) team and private sector partners for the effort they put into representing Namibia in Davos.

The Director of Planning and Business Development in the Ministry of Agriculture, Water and Land Reform, Mesag Mulunga, commended the Namibians who participated in the WEF, saying they did a very good job.

“We have received positive feedback from potential investors who visited the Namibian house, they were impressed by the degree of organisation and the way the programme was organised, delivered and executed. I know people may look at the cost that went into it, but personally, I think if one looks at the bigger picture, potentially, the benefits that can be derived from the realisation of these investments will be bigger than the money that we spent to come to Davos. It is for a good cause,” Mulunga said.

He urged Namibians to support these types of efforts because at the end of the day, Namibia finds itself in exciting times due to new developments that can propel Namibia’s economic outlook to a completely different stage.

Walvis Bay Corridor Group Chief Executive Officer, Hippy Tjivikua described Namibia’s participation in the World Economic Forum as a resounding success.

“The Namibian House was lively, interactive, busy, attractive and special,” he said, before commending the organisers for their commitment and dedication.

Showcasing the country’s green hydrogen potential topped Namibia’s agenda at WEF, and other key sectors were specifically identified for investment promotion at the forum. These included infrastructure, transport and logistics, tourism; agriculture; and oil and gas.

Several high-level events took place to showcase these sectors to potential investors.

These included positioning the country as a strategic logistics hub serving as a gateway to the Southern African Development Community and unveiling several large infrastructural projects to both domestic and foreign investors.

Source: The Namibian Press Agency