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The Ministry’s efforts are directed at four key activities:

  • Investment promotion
  • Promotion of Manufacturing activity
  • Growth and diversification of Namibia’s exports and export markets
  • Promotion of growth and development of small and medium enterprises

Why invest in Namibia?

Namibia is often described as Africa’s optimist –and with good reason. Not only does it enjoy one of the continent’s most pleasant, peaceful and politically stable environments, but also an infrastructure to rival many developed countries.

Namibia has an abundance of natural resources, among them, a wide range of mineral deposits including world class diamonds and uranium, copper, lead, zinc, gold, semi-precious stones, industrial minerals, salt and fluorspar.

 

Industrial Developemnt

MSME Policy and 10 Growth Strategies Launch
The Ministry of Industrialisation, Trade and SME Development (MITSMED) after a public private dialogue process with relevant stakeholders approved Growth Strategies for the Cosmetics, Game meat products, Gemstone and Jewelry products, Handicrafts, Leather and leather products, Metal fabrication, Seafood, Swankara and wool products, Taxidermy products and Wood charcoal. During the reporting period, the ministry also developed the National Mirco, Small and Medium Enterprises (MSME) Policy that was approved by cabinet and parliament.

Trade Negotiations

Namibia has entered into numerous mutually beneficial bilateral trade agreements with other countries. The following is a list of some of the Reciprocal Promotion and Protection of Investment Agreements (RIPPA).

Namibia has entered into RPPA with fourteen countries. Twelve of the total amount of RPPAs has been ratified and two of them are yet to be ratified.

 

 

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© Ministry of Industrialisation, Trade and SME Development 2013