Prime Minister Hage Geingob has called on investors to help develop Namibia’s agriculture and service sectors

Prime Minister Hage Geingob has called on investors to help develop Namibia’s agriculture and service sectors, and not only invest in its natural resources.

Currently, Namibia imports most of its agricultural products from neighbouring South Africa.

Speaking during a meeting between international investors and a Namibian business delegation in New York yesterday, Geingob said currently, investors are only interested in extracting Namibia’s resources such as oil, gas, diamonds and uranium.

He said Namibia has vast areas for agriculture, tourism and manufacturing which need to be developed further.

Geingob noted that Namibia has good governance and democracy is flourishing, which are the major requirements to attract investment, but investors are not forthcoming.

The Premier then called on American investors to invest in developing his country’s agriculture and tourism sectors.

Geingob and his countrymen are visiting the United States of America (USA) to seek and engage potential investors and business partners in the quest towards industrialisation and global competitiveness.

SOURCE: NAMPA