Ongwediva to Support Local Businesses – Asino

THE Ongwediva Town Council has embarked on a programme that will provide support to local businesses to ensure that they are able to expand their markets, Ongwediva mayor Jason Asino said last week during the inauguration of Standard Bank Namibia’s Ongwediva Annual Trade Fair (OATF) gate built at a cost of N$2 million.

Asino said the programme is meant to support businesses that have invested in Ongwediva, or even companies that are seriously considering to make tangible investments in the town.

He explained that the programme involves the creation of support structures through investment promotion in sectors that are critical to the enhancement of the local economy through public private-partnership initiatives in land delivery and many other considerations which are published widely as part of the local economic development strategy.

The mayor also noted that the OATF serves to create a conducive environment for local and international investors to invest in the town, and it also creates an opportunity for investors to add value to the national development process through the creation of employment opportunities for the citizens.

“Since the opening of the OATF 2014 last Friday, a great deal of information-sharing, business interactions, trade and other economic activities have taken place. These are indeed valuable investments in the community that we, the public and private sectors alike, all want to be associated with to enhance returns on investment,” he said.

Asino said the town is committed to the cause of providing quality services and improving the infrastructure in order to facilitate the growth of businesses as they establish and capture more markets for their goods and services.

The 2014 OATF attracted 530 exhibitors – 36 international businesses and 494 local exhibitors.

The international exhibitors were from Zimbabwe (13), South Africa (10), Kenya (4), Ghana (2), China (2) and one each from Botswana, Japan, Egypt, Tanzania and Saudi Arabia.

There were 525 exhibitors last year.

The 2014 OATF ended on Saturday. – Nampa

Source : The Namibian