Nida lists dream projects

The Namibia Industrialisation Development Agency (Nida) has listed 11 projects that it hopes to initiate once its integrated strategic business plan has been approved.The agency says the projects are necessary to fast-track Namibia’s industrialisation ambitions.The identified projects are currently in the initiation phase and cut across a range of industries, from manufacturing, charcoal processing, logistics, agriculture, aquaponics and textiles. The agency does not specify how much the projects are expected to cost, at what stage of development they are or whether any funding had been secured.The agency’s chief executive officer (CEO) Mihe Gaomab II, said the agency’s board would have to give approval for the projects to be pursued before he could comment further on the envisioned projects.“We have finalised a draft integrated strategic business plan, as directed by the board and our principal authorities. We are not at liberty to disclose information and the plan now as we need to clear it with our authorities. We shall appreciate that you hold the information requirements and we shall revert back to you cordially,” he said.Nida bucket listAmong the projects touted is the establishment of a charcoal processing plant; a national cold storage facility; a logistics centre; a seed processing plant; the expansion of grape vineyards and date plantations; bush feed processing and pelletising; the establishment of aquaponics industry; the development of a garment centre; and the development of a crocodile farm and leather processing.“The projects are deemed critical and or their implementation has mass positive multiplier effects for the rest of the economy and particularly for the areas that can catalyse the aspired transition towards Namibia’s industrialisation and socio-economic transformation,” the agency said in an implementation brief.Infrastructure requirementsThe brief added that the agency would need to equip its special economic zones (SEZs) during the implementation period.“During the implementation years, Nida will focus on equipping SEZ industrial parks and logistical centres with the requisite infrastructure and other pertinent logistical services to facilitate the establishment of viable production units for goods and services, mainly led by the private sector.”The agency received a N$50 million capital allocation at establishment in the 2015/16 budget. The company’s assets were reported to stand at N$2 billion, previous media reports indicate.

Nida lists dream projects

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Namibian Sun 2025-03-31

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Nida lists dream projects

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Namibian Sun 2025-03-31

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