Office of the Minister
Hon. Immanuel Ngatjizeko, MP
Tel: +264 61 2837334
Fax:+264 61 220148
Tabling of Growth at Home Strategy in Parliament
Growth at Home is Namibia’s Industrial Policy Implementation Strategy which provides a road map for the execution of Namibia’s Industrial Policy in line with Vision 2030 and NDP4. Growth at Home has identified three Strategic Intervention Areas during last year’s Growth at Home conference.
The three strategic intervention areas are:
√√Supporting value addition, upgrading and diversification for sustained growth.
√√Securing market access at home and abroad; and
√√Improving the investment climate and conditions.
First, Value addition interventions will require comprehensive support to industrial development and upgrading projects which will bring about structural transformation of the Namibian economy and enhance domestic value addition.
Second, Securing market access at home and abroad will stimulate local industries through local procurement and synergies between local producers and large retailers.
Third, Interventions to improve the investment climate will focus on improving the availability of skilled labor, and provision of land, sites and premises for businesses, including SMEs.
Growth at Home defines Priority Actions such as the Industrial Upgrading and Modernization Programme (IUMP) and a realignment of incentive schemes and financing instruments for promoting industrial development and value-addition projects.
A Retail Charter and a trade competitiveness programme are planned aimed at securing markets for local firms. Industrial infrastructure, updating practical training, the review of the SME Policy, streamlining registration processes for businesses and intellectual property rights, and a regular Public Private Dialogue Platform will further assist local industries.
The Special Industrialization Programme aims to increase the contribution of manufacturing to GDP by increasing growth in priority sectors, expand industrial output, diversify products, enhance value addition, and strengthen new and existing value chains.
This Programme provides for value chain analyses and feasibility studies; it implements specific industrial projects, and supports facilities including the acquisition of land, infrastructure, product development and marketing, and capacity building for identified projects.
This Special Programme also defines Priority Actions in agro- and fish-processing, steel manufacturing and metal fabrication, transportation equipment, automotive and chemical industries, mineral beneficiation, green economy, building material and furniture, and pharmaceuticals and cosmetics.
Growth at Home further outlines the establishment of the Namibia Industrial Development Agency (NIDA) which will drive the economic transformation process in collaboration with MTI, the private sector and other stakeholders.
Based on Namibia’s Industrial Policy which was approved by Cabinet, Growth at Home will implement a monitoring system to track progress in line with targets, and document how resources are used and results achieved.
Growth at Home has a cross-sectoral focus and aims at the general business environment. The priority actions will build on existing initiatives and experiences that can be implemented in the short to medium term, considering available resources, presenting gains from ‘low hanging fruits’.
Growth at Home provides a consistent and comprehensive basis for Namibia’s industrial policy implementation, as well as the structures and mechanisms to ensure that the process stays on track.