INVESTING & DOING BUSINESS · (English, Afrikaans, Nama, Damara, German etc.) WINDHOEK...

29
INVESTING & DOING BUSINESS IN NAMIBIA By Dr. Mekondjo Kaapanda-Girnus Commercial Counsellor

Transcript of INVESTING & DOING BUSINESS · (English, Afrikaans, Nama, Damara, German etc.) WINDHOEK...

Page 1: INVESTING & DOING BUSINESS · (English, Afrikaans, Nama, Damara, German etc.) WINDHOEK Independence: 21.3.1990 NAMIBIA AT A ... • Direct Flights also with Condor, Eurowings, KLM,

INVESTING & DOING BUSINESS IN NAMIBIA

By Dr. Mekondjo Kaapanda-Girnus

Commercial Counsellor

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SOUTHERN AFRICA

824.292 km2

ANGOLA, ZAMBIA, BOTSWANA, SOUTH AFRICA

2,2 MIO.

LANGUAGES

(English, Afrikaans,

Oshiwambo, Otjiherero,

Nama, Damara, German

etc.)

WINDHOEK

Independence: 21.3.1990

NAMIBIA AT A GLANCE

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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NAMIBIA: YOUR RELIABLE PARTNER IN AFRICA Political & Business Environment - Ranking in Africa

INVESTING IN NAMIBIA

Index NAMIBIA ANGOLA GHANA KENYA NIGERIA SOUTH

AFRICA

Ibrahim Index of African Governance 2017 (54)

5

45

8

13

35

6

Corruption Perceptions Index – Transparency International 2017 (180)

53 (5 in Africa)

167 81 143 148 71

World Press Freedom Report – Reporters Without Boarders 2017 (180)

24 (1 in Africa)

125 26

95 122 31

Global Competitiveness Index – WEF 2017/18 (140)

90 (7 in Africa)

- 111 (15 in Africa)

91 (8 in Africa)

125 (27 in Africa)

61 (3 in Africa)

Doing Business Report – World Bank 2018 (190)

11 (in Africa)

44 (in Africa)

14 (in Africa)

4 (in Africa)

24 (in Africa)

6 (in Africa)

DR. M. KAAPANDA-GIRNUS

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NAMIBIA'S ECONOMY: STABLE GROWTH

Key Drivers of Growth

• Urbanisation

• Natural Resources

• Industrialisation & Diversification

• Regional Integration

• Private Sector Development

• Government Policies

GDP-GROWTH (CHANGE IN %)

Source: IMF 7/2016; Economist Int. Unit 9/2016:

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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ABUNDANT

NATURAL RESOURCES

5th largest

uranium producer

in the world

12th largest diamond

producer in the world

Also: gold, silver, semi-precious

stones, industrial minerals, salt,

fluorspar, manganese, granite,

marble etc.

Significant copper,

zinc, lead reserves

Off-shore gas field (1,4

trillion cubic feet)

Oil Exploration

Among world’s leading

fishing nations Indigenous plants and fruits

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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THE POTENTIAL OF

MARULA

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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• Strategic geographic location

• Excellent infrastructure

• Member of SACU & SADC

• Regional market: 300 million

consumers in SADC

• Market potential 2050: 2.1 billion

people in Africa

• Preferential trade agreements with

the EU, USA, EFTA, MERCOSUR

YOUR GATEWAY INTO

SOUTHERN AFRICA &

WORLD MARKETS

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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NAMIBIA HAS A MODERN &

COMPETITIVE TRANSPORTATION INFRASTRUCTURE

OVERALL TRANSPORT INFRASTRUCTURE IN AFRICA RANK 4

QUALITY OF ROADS RANK 1

QUALITY OF RAILROAD INFRASTRUCTURE RANK 5

QUALITY OF PORT INFRASTRUCTURE RANK 1

QUALITY OF AIR TRANSPORT INFRASTRUCTURE RANK 8

Source: The Global Competitiveness Report 2017-2018, World Economic Forum

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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TRANSPORT AND

INFRASTRUCTURE

• Outstanding transport infrastructure

• High investments in

roads/railway/airports/harbours

• A booming logistics branch with global

players (Deutsche Post DHL, Kuehne &

Nagel) und local companies

• Air Namibia: Daily flights between Frankfurt

and Windhoek

• Direct Flights also with Condor, Eurowings,

KLM, Qatar Airways, South African Airways

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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THE PORT OF

WALVIS BAY

• Only natural deep sea harbour along West

African coastline

• Strategic location & direct access to principal

shipping lines

• Efficient, high safety and security standards

• Major shipping lines: MACS, Maersk, Ocean

Africa Containers

• Regional connectivity through Walvis Bay

Corridors

• Walvis Bay Serves:

• Angola (3-5 days)

• Botswana (2 days)

• DRC (5-6 days)

• South Africa ( 2 days)

• Zambia (3-4 days)

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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A WELCOMING LEGAL &

POLICY FRAMEWORK FOR

INVESTORS

• International business community

• Advice and support from the Namibia

Investment Centre (NIC) & Offshore

Development Company (ODC)

• Also: Namibia Chamber of Commerce and

Industry (NCCI), Namibia Manufacturers‘

Association (NMA), Construction Industries

Federation (CIF), Renewable Energy

Industry Association of Namibia (REIAoN),

Development Bank of Namibia (DBN) etc.

• Foreign Investment Act (1990):

• Equal treatment of national and

foreign investors

• Full protection of investment

• No prescription of local participation

• 100% repatriation of profits

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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GENEROUS INCENTIVES:

WE ROLL OUT THE RED

CARPET FOR INVESTORS INCENTIVES UNDER THE EPZ REGIME

• Freedom of location

• EPZ enterprises are exempted from:

• Corporate income tax

• Duties and value-added tax (VAT) on machinery, equipment and raw materials imported into Namibia for manufacturing purposes

• The only taxes payable are personal income tax on employees' income as well as the 10% withholding tax (non-resident shareholders) on declared dividends

• No time-bound incentives

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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INVESTING IN NAMIBIA

INTERNATIONAL

COMPANIES

IN NAMIBIA

DR. M. KAAPANDA-GIRNUS

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SUCCESS STORY

ROLLS ROYCE MARINE

SERVICE CENTRE

INVESTING IN NAMIBIA

Development of shipyard repair and

overhaul workshop in Walvis Bay in

collaboration with Elgin Brown & Hamer

(EBH) Namibia

Utilises strategic location of Walvis Bay

port & proximity to key trading routes

Serves companies operating off the West

African coast, one of the world’s fastest

growing areas for oil and gas activity

DR. M. KAAPANDA-GIRNUS

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SUCCESS STORY

OHORONGO CEMENT

Investment of EUR 250 Million

Production capacity of 700 000 tonnes

p.a.

300 direct and 2 000 indirect jobs

Infrastructure development (buildings,

roads, etc.): about 12% of the total

investment by local Namibian companies

Use of alternative fuels: “invader bush"

(Biomass)

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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SUCCESS STORY

RHEINLAND AIR SERVICE

2013: Acquisition of subsidiary, Aviation

Center at Eros Airport, Windhoek

MRO services (i.e. Maintenance, Repair

and Overhaul) for regional Airlines

Customers: Air Botswana, SOLENTA

(South Africa), Air Kasai (Democratic

Republic of Congo), and Fly 540 (Kenya)

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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SUCCESS STORY

CRONIMET

• Build Namibia’s first utility-scale ground

mounted photovoltaic (PV) plant (4.5MW) in

Omburu in 2014

• Awarded tenders to develop 3MW and

6,4MW solar power plants for ErongoRed

and CenoRed respectively.

• Installation of solar power plants at

Midgard Country Lodge and Mokuti Lodge

in Etosha

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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SUCCESS STORY

MYEISHA

INVESTING IN NAMIBIA

Myeisha creates high-end leather bags,

which are made predominantly from

Namibian and African leathers and

locally sourced materials

Bags are handcrafted by women under

two brands, “iNAMi” and “Myeisha”

Sold in Namibia and Germany

DR. M. KAAPANDA-GIRNUS

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NAMIBIA PRESS & TOOLS

SUPPLIES LEADING BRANDS

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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GROWTH AT HOME STRATEGY:

TARGETED SECTORS

INVESTING IN NAMIBIA

Steel manufacturing &

metal fabrication

Transport Equipment

Building Material

Automotive Industry

Mineral Beneficiation

Furniture

Jewellery Industry

Manufacturing

Cosmetics

Chemical Industry

Green Economy

Pharmaceuticals

Fish-processing

Agro-processing

DR. M. KAAPANDA-GIRNUS

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• Exploration, prospecting, mining and beneficiation

• Oil und gas exploration

• Hydro-power, wind, solar, biomass power generation

• RE systems for self-supply (e.g. for commercial

enterprises, industry, private households, agricultural

enterprises, including water pumps, tourism sector,

mining etc.)

• RE mini grids for rural electrification (for REDs or

municipalities)

• RE-Plant > 1 MW bis < 5 MW ( implementation via

REFiT Programm)

• RE large-scale plants > 5 MW (for Nampower through

public tenders / competitive bidding)

MINING AND ENERGY

INVESTMENT OPPORTUNITIES

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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• Processing of fruits, vegetables, fish & beef

• Automotive parts and components

• Fertiliser and petrochemicals

• Wood processing and furniture making

• Pharmaceuticals

• Assembling of electronic devices &

components

• Steel and glassware manufacturing

• Production of textiles and garments

• Manufacturing of leather products (footwear,

clothing, upholstery, etc.)

MANUFACTURING & PROCESSING

INVESTMENT OPPORTUNITIES

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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• High demand for transport and logistics

services (e.g. road, air and ocean freight

solutions, project business, domestic

forwarding and customs clearance)

• Customized logistics solutions for sectors

such as mining, agriculture, health care, oil

and gas industries, etc.

• Training and education in logistics sector

• Upgrade & expand rail infrastructure

• Customized logistics innovations for rural

areas

• Establishment of large logistics parks

TRANSPORT & LOGISTICS

INVESTMENT OPPORTUNITIES

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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• Infrastructure for retail, wholesale and trading

sectors (e.g. shopping malls, supermarkets,

business premises etc.)

• Mass Housing Programme (185 000 homes)

• Port of Walvis Bay expansion

• Walvis Bay SADC Gateway Port (north of

Walvis Bay)

• Expansion of airport capacity

• Ship repair yards

• Dry bulk terminals, car-loading terminals

• Storage facilities, in particular cold storage

facilities

• Industrial parks

INFRASTRUCTURE INVESTMENT OPPORTUNITIES

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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• Environmentally friendly irrigation

techniques

• Cultivation of fruits and vegetables

• Meat, fish, fruits and vegetable

processing

• Expansion of the food industry

• Processing of caracul wool, cattle

leather and wild silk

• Customized agricultural machinery &

equipment

• Cooling rooms, maturation rooms,

testing laboratories

• Agricultural training centres

ANGRICULTURE/ ARGO-INDUSTRY

INVESTMENT OPPORTUNITIES

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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• Lodges, hotels, restaurants

• Hotels, motels, restaurants, petrol stations

and car service facilities along major

highways

• Car hire

• Adventure tourism/activities

• Sport tourism (both leisure and professional,

e.g. iron man, extreme marathons etc.)

• Facilities for medical and recuperation tourism

• Conferencing facilities for business tourism

• Cultural tourism & JVs with conservancies

• Training facilities in hotel industry, tourism

industry or gastronomy industry

TOURISM INVESTMENT OPPORTUNITIES

INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS

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The Perception Gap

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COMMERCIAL OFFICE EMBASSY OF THE REPUBLIC

OF NAMIBIA

Reichsstraße 17

14052 Berlin

Tel +49 30 263 900 12

Fax +49 30 254 095 55

[email protected]

Invest_Namibia

www.invest-namibia.de

THANK YOU