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NAMIBIA
Your Investment, Trade and Tourism Partner
Bonaventura Hinda
Commercial Counsellor
Embassy of the Republic of Namibia
France, Italy, Portugal, Spain
27 June 2018, Porto, Portugal
Presented by :
Namibia, your Investment, Trade and Tourism Partner
2
$98.5M
2,3 million
Atlantic Ocean (1500km)
Angola, Botswana, South Africa
STRATEGIC LOCATION
POPULATION
Democratic
Politically Stable
Rule of Law
GOVERNMENT
Macroeconomic Stability
Growth Potential (2018-19: 1,4% - 2,1%)
Primary, Secondary, Tertiary Industries
ECONOMY
Well Developed Financial
System & Institutions
FINANCE
5th in Sub-Saharan Africa
Globally Competitive
INFRASTRUCTURE
2017/18 WEF COMPETITIVENESS REPORT
English
BUSINESS LANGUAGE
N$ 1 = ZAR 1
€ 1 ≈ N$ 15
CURRENCY
Country profile
LAND SIZE
824, 292 km2
Namibia, your Investment, Trade and Tourism Partner
Vision & Strategy
3
Propelling Growth through Diversification Priority sectors
• Education, skills development and training
• Health
• Infrastructure ( Energy, Water, Roads, Rail etc)
• ICT and Innovation
• Financial Infrastructure
• Export capacity and greater regional integration
• Research and Innovation
Agriculture
Manufacturing
(value addition of resources - natural/ recyclables)
Transport and Logistics
Tourism
Mining & Mineral Beneficiation
1
2
3
4
5
6 Ocean Economy
Enablers
Namibia Industrial
Policy 2012
Growth at Home
Strategy 2014
Harambee Prosperity
Plan 2016
Namibia, your Investment, Trade and Tourism Partner
4
Strategic Geographic Location (road, rail, sea, air)
Namibia gateway to SADC Region (Market Access)
Trade
Transport Corridor Network
Angola (3-5 days)
Botswana (2 days)
DRC (5-6 days)
Malawi (5-6 days)
South Africa (2 days)
Zambia (3-4 days)
Direct shipping lines
• Europe, East Asia, North America,
Middle East
• MACS, Maersk, Ocean Africa
Containers
Dry Port facilities
• Botswana
• Zambia
• Zimbabwe
• DRC - Congo
Namibia, your Investment, Trade and Tourism Partner
Market Access
Trade
5
Namibia : a small market (2,4 million people) but…
Meat & Meat Products
Fish & Marine Products
Minerals
Dimension Stones
Beverages
Main exports from Namibia
Live Animals
Vegetables & Fruits
Metal Ores
Diamonds
South
America :
Mercosur
Europe : EPA
Agreement
USA : AGOAAfrica : SACU,
SADC Tripartite
(SADC ECA,
COMESA)
Namibia, your Investment, Trade and Tourism Partner
6
Top 10 Exports
South Africa (23,6%)
Botswana (13,2%)
Switzerland (10,3%)
China (5,3%)
Belgium (5,1%)
Spain (4,9%)
United Arab Emirates (4,3%)
Italy (4,2%)
Zambia (3,9%)
France (3,6%)
Top 10 Trade Destinations - 2017
Top 10 Imports
South Africa (55,7%)
Bulgaria (6,6%)
Botswana (6,2%)
China (5,2%)
Zambia (4,8%)
India (2,2%)
USA (2%)
Peru (1,8%)
United Arab Emirates (1,5%)
Germany (1,5%)
Rest of the world (21,5%) Rest of the world (12,7%)
Trade
Exports
Both
Imports
Namibia, your Investment, Trade and Tourism Partner
Target Market
Trade7
Exports : fish, plants & parts of plants used in
perfumery
Imports : swine, chocolates, wine, alcohol/spirits,
engine parts, machinery for liquid gas
Exports : bovine, fish, table grapes, marble/granite, zinc,
raw hides, wet blue, copper
Imports : olive oil, veneered wood, ceramic tiles, fork
lifts/handling equipment, industrial machinery e.g food
and beverages and leather processing
Exports : fish, grapes, charcoal
Imports : olive oil, cereal, wine, chocolates, textile,
iron/steel structures, machinery, petroleum oils, motor
vehicles for goods transport, fishing nets
Exports : fish, crustaceans mollusc, table grapes,
marble/granite
Imports : swine, fish, olive oil, rubber tyres, carton/boxes,
footwear, iron/steel, engine parts, refrigerators, mobile
cranes, industrial equipment
FRANCE
ITALY
PORTUGAL
SPAIN
Namibia, your Investment, Trade and Tourism Partner
Investment Opportunities
8
AGRICULTURE &
AGRO-PROCESSING
LOGISTIC /
TRANSPORT &
OCEAN ECONOMY
ICT / SKILLS
DEVELOPEMENT
INFRASTRUCTURE MANUFACTURING SERVICE INDUSTRY
Namibia, your Investment, Trade and Tourism Partner
Agriculture and Agro-Processing
Investment Opportunities9
Size of the land : 300 ha
Suitable cultivar :
Maize, Wheat and Vegetables
Distance from water source : 12km
Water source : Zambezi river
Size of the land : 1700 ha
Suitable cultivar :
Maize, Wheat and Vegetables
Distance from water source :
12km
Water source : Zambezi river
Size of the land : 2000 ha
Suitable cultivar :
Maize, Wheat and Vegetables
Distance from water source : 12km
Water source : Kavango river
Size of the land : 4000 ha
Suitable cultivar :
Maize, Wheat and Vegetables
Distance from water source : 12km
Water source : Orange river
PPP Opportunities - Agribusdev
ZONE
TANDJESKOPPE
KATIMA FARM
LISELO
NN=Neckartal Dam
Namibia, your Investment, Trade and Tourism Partner
Mining & Mineral Beneficiation
Investment Opportunities10
6th largest uranium producer
in the world
Other: gold, silver, semi-precious stones,
industrial minerals, salt, fluorspar,
manganese, granite, marble etc.
12th largest diamond
producer in the world
Significant reserves copper,
zinc, lead, cobalt, lithium
Oil Exploration Off-shore gas field
(1,4 trillion cubic feet)
Namibia, your Investment, Trade and Tourism Partner
Manufacturing
Investment Opportunities11
Mineral Beneficiation: Lithium,
Sea salt, marble/granite,
Mariculture & Aquaculture: sardines,
horse mackerel, hake, tuna, shell fish
Pharmaceuticals: Indigenous plants &
conventional medicine
Animal feed production for cattle
feedlots
1
2
3
4
5
Steel and glassware manufacturing
Hardwood processing into wood
chips, charcoal, electricity
leather products (footwear, clothing,
upholstery, etc.)
3
4
5
Agri-processing: Canning of fruit & Veg
(Tomato paste for fishing industry)
Namibia, your Investment, Trade and Tourism Partner
Infrastructure: Logistics & Transport, Energy, Water
Investment Opportunities12
Industrial Parks
Upgrade & expansion of railroad
Ship repair
Truck ports/Service stations
Specialized terminals
Cold storage facilities
Customized logistics solutions exporting & importing
industries (mining, agriculture, petroleum etc)
Logistic hubs and innovative freight solution
INVESTMENT OPPORTUNITIES
WB Port New Terminal New SADC Gateway Port
Namibia, your Investment, Trade and Tourism Partner
Service Industry: Tourism, ICT, Skills Development
Investment Opportunities13
Hospitality, Gastronomy
& Culinary Training
C’est Si Bon Hotel
Expansion
Olufuko Tourism
Resort/Cultural Centre
Diyondo Mukwe
Tourism Lodge
Northern Star Luxury
Lodge/Camp
1
2
3
4
5
High Value
Destination
Booming
Tourism Industry
Namibia, your Investment, Trade and Tourism Partner
Investment Climate - Legal Framework
14
Investment Act Export Processing Zone Regime
Independent Judicial System
and Strong Institutions
Incentives for Manufacturers and
Exporters of Manufactured Goods
1 3
4
5
Foreign Investment Act2
Protection of Investments
Liberal Investment Regime
Repatriation of Profits and access to
Foreign Exchange
Provision for International Arbitration
of Legal Disputes
Corporate Tax and Duty Free (must export
70-100% of produce)
Can locate anywhere in Namibia
18 operational (mineral beneficiation,
automotive, household plastics)
Namibia, your Investment, Trade and Tourism Partner
Summarized investor Incentives
15
Registered Manufacturers
Exporters of
Manufactured
Goods
Export
Processing Zone
Corporate Tax 18% for 10 years 32% Exempt
VAT Exemption on imported Equipment/
Material
Not eligible Exempt
Establishment Tax
Package
Negotiable Not eligible Not eligible
Incentive for
Training
25-75% deduction from taxable
income
Not eligible Not eligible
Industrial Studies 50% of cost Not eligible Not eligible
Namibia, your Investment, Trade and Tourism Partner
FDI flows into Namibia
16
Company Investment Commencement Date
1 Industrials Almentaries de Navara (Spain) Asparagus Processing Plant 2017
2 Namibia Italy Gems Cut (Italy) Gemstone Processing Plant 2013
3 Innosun (France) Solar Power Plant 2016
4 Banco Atlantico (Portugal) Financial Services 2015
5 Eurobic (Banco BIC) (Portugal) Financial Services 2016
6 Safari Investments (South Africa) Retail (Waterfront/Mall) 2016
7 Atterbury Group (South Africa) Retail (First Mall in WB) 2017
8 Ohorongo Cement (Germany) Cement Factory 2011
9 Rolls Royce (United Kingdom) Marine Service/Shipyard Repair Centre 2011
10 Al Dahra Agriculture (United Arab Emirates) Date & Grape Plantations 2011
Namibia, your Investment, Trade and Tourism Partner
Investment success stories in Namibia
17
Namibia, your Investment, Trade and Tourism Partner
Why Namibia?
18
WHY
NAMIBIA
Good Governance, Peace,
Stability
Economic & Political
Conducive Investment
Climate
Legal & Regulatory Framework
Sound Financial
System
Six Commercial Banks
Strategically Located
Gateway into the SADC Region
Globally Competitive
Infrastructure
Road, Rail, Air, Sea, Telecom
Young & Trainable
Workforce
Quality of Life
Medicare, Schools, Recreational
Facilities, Security
Namibia, your Investment, Trade and Tourism Partner
Namibia Investment Centre (NIC)
Supportive local networks
19
Investment Promotion Agency • Local and Foreign Direct Investment promotion and facilitation
• Policy advocacy
Business Mission Facilitation • Inbound and outbound business delegations
• Identification of sites & premises according to investor
specifications
Local Partnership Facilitation • Identification of local suppliers, customers or service providers
• Facilitation of joint ventures & meetings with potential
business partners
Project Development Support • Information on available incentives, subsidies and other
support programmes
• Investor support with project development and financing
Fast-tracking Administrative Processes • Coordination with ministries, agencies and local authorities to
fast-track administrative processes, e.g. permits/licenses
• Facilitation of visas and work permit applications
After-care Services • Support to overcome individual challenges of existing
investors
• Identification of new business development and growth
opportunities to facilitate expansion
Namibia, your Investment, Trade and Tourism Partner
Our Mandate
20
OBRIGADO
THANK YOU
42 Rue Boileau,
Paris 75016
Tel: +33 1 44 1732 65
Fax: +33 1 44 17 32 73
Email: info@embassyofnamibia.fr
bhinda@embassyofnamibia.fr
✓ Visit: www.embassyofnamibia.fr (currently re-developed)
Investment Promotion
Trade Facilitation
Economic Diplomacy
1 Visa Facilitation
Work Permit Facilitation (Namibia
Investment Centre) MITSMED
Investment/Trade/Tourism
Enquiries
2
3
6
7
8
Business Mission Facilitation Partnership Facilitation4 9

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Namibia Country Presentation

  • 1. 1 NAMIBIA Your Investment, Trade and Tourism Partner Bonaventura Hinda Commercial Counsellor Embassy of the Republic of Namibia France, Italy, Portugal, Spain 27 June 2018, Porto, Portugal Presented by :
  • 2. Namibia, your Investment, Trade and Tourism Partner 2 $98.5M 2,3 million Atlantic Ocean (1500km) Angola, Botswana, South Africa STRATEGIC LOCATION POPULATION Democratic Politically Stable Rule of Law GOVERNMENT Macroeconomic Stability Growth Potential (2018-19: 1,4% - 2,1%) Primary, Secondary, Tertiary Industries ECONOMY Well Developed Financial System & Institutions FINANCE 5th in Sub-Saharan Africa Globally Competitive INFRASTRUCTURE 2017/18 WEF COMPETITIVENESS REPORT English BUSINESS LANGUAGE N$ 1 = ZAR 1 € 1 ≈ N$ 15 CURRENCY Country profile LAND SIZE 824, 292 km2
  • 3. Namibia, your Investment, Trade and Tourism Partner Vision & Strategy 3 Propelling Growth through Diversification Priority sectors • Education, skills development and training • Health • Infrastructure ( Energy, Water, Roads, Rail etc) • ICT and Innovation • Financial Infrastructure • Export capacity and greater regional integration • Research and Innovation Agriculture Manufacturing (value addition of resources - natural/ recyclables) Transport and Logistics Tourism Mining & Mineral Beneficiation 1 2 3 4 5 6 Ocean Economy Enablers Namibia Industrial Policy 2012 Growth at Home Strategy 2014 Harambee Prosperity Plan 2016
  • 4. Namibia, your Investment, Trade and Tourism Partner 4 Strategic Geographic Location (road, rail, sea, air) Namibia gateway to SADC Region (Market Access) Trade Transport Corridor Network Angola (3-5 days) Botswana (2 days) DRC (5-6 days) Malawi (5-6 days) South Africa (2 days) Zambia (3-4 days) Direct shipping lines • Europe, East Asia, North America, Middle East • MACS, Maersk, Ocean Africa Containers Dry Port facilities • Botswana • Zambia • Zimbabwe • DRC - Congo
  • 5. Namibia, your Investment, Trade and Tourism Partner Market Access Trade 5 Namibia : a small market (2,4 million people) but… Meat & Meat Products Fish & Marine Products Minerals Dimension Stones Beverages Main exports from Namibia Live Animals Vegetables & Fruits Metal Ores Diamonds South America : Mercosur Europe : EPA Agreement USA : AGOAAfrica : SACU, SADC Tripartite (SADC ECA, COMESA)
  • 6. Namibia, your Investment, Trade and Tourism Partner 6 Top 10 Exports South Africa (23,6%) Botswana (13,2%) Switzerland (10,3%) China (5,3%) Belgium (5,1%) Spain (4,9%) United Arab Emirates (4,3%) Italy (4,2%) Zambia (3,9%) France (3,6%) Top 10 Trade Destinations - 2017 Top 10 Imports South Africa (55,7%) Bulgaria (6,6%) Botswana (6,2%) China (5,2%) Zambia (4,8%) India (2,2%) USA (2%) Peru (1,8%) United Arab Emirates (1,5%) Germany (1,5%) Rest of the world (21,5%) Rest of the world (12,7%) Trade Exports Both Imports
  • 7. Namibia, your Investment, Trade and Tourism Partner Target Market Trade7 Exports : fish, plants & parts of plants used in perfumery Imports : swine, chocolates, wine, alcohol/spirits, engine parts, machinery for liquid gas Exports : bovine, fish, table grapes, marble/granite, zinc, raw hides, wet blue, copper Imports : olive oil, veneered wood, ceramic tiles, fork lifts/handling equipment, industrial machinery e.g food and beverages and leather processing Exports : fish, grapes, charcoal Imports : olive oil, cereal, wine, chocolates, textile, iron/steel structures, machinery, petroleum oils, motor vehicles for goods transport, fishing nets Exports : fish, crustaceans mollusc, table grapes, marble/granite Imports : swine, fish, olive oil, rubber tyres, carton/boxes, footwear, iron/steel, engine parts, refrigerators, mobile cranes, industrial equipment FRANCE ITALY PORTUGAL SPAIN
  • 8. Namibia, your Investment, Trade and Tourism Partner Investment Opportunities 8 AGRICULTURE & AGRO-PROCESSING LOGISTIC / TRANSPORT & OCEAN ECONOMY ICT / SKILLS DEVELOPEMENT INFRASTRUCTURE MANUFACTURING SERVICE INDUSTRY
  • 9. Namibia, your Investment, Trade and Tourism Partner Agriculture and Agro-Processing Investment Opportunities9 Size of the land : 300 ha Suitable cultivar : Maize, Wheat and Vegetables Distance from water source : 12km Water source : Zambezi river Size of the land : 1700 ha Suitable cultivar : Maize, Wheat and Vegetables Distance from water source : 12km Water source : Zambezi river Size of the land : 2000 ha Suitable cultivar : Maize, Wheat and Vegetables Distance from water source : 12km Water source : Kavango river Size of the land : 4000 ha Suitable cultivar : Maize, Wheat and Vegetables Distance from water source : 12km Water source : Orange river PPP Opportunities - Agribusdev ZONE TANDJESKOPPE KATIMA FARM LISELO NN=Neckartal Dam
  • 10. Namibia, your Investment, Trade and Tourism Partner Mining & Mineral Beneficiation Investment Opportunities10 6th largest uranium producer in the world Other: gold, silver, semi-precious stones, industrial minerals, salt, fluorspar, manganese, granite, marble etc. 12th largest diamond producer in the world Significant reserves copper, zinc, lead, cobalt, lithium Oil Exploration Off-shore gas field (1,4 trillion cubic feet)
  • 11. Namibia, your Investment, Trade and Tourism Partner Manufacturing Investment Opportunities11 Mineral Beneficiation: Lithium, Sea salt, marble/granite, Mariculture & Aquaculture: sardines, horse mackerel, hake, tuna, shell fish Pharmaceuticals: Indigenous plants & conventional medicine Animal feed production for cattle feedlots 1 2 3 4 5 Steel and glassware manufacturing Hardwood processing into wood chips, charcoal, electricity leather products (footwear, clothing, upholstery, etc.) 3 4 5 Agri-processing: Canning of fruit & Veg (Tomato paste for fishing industry)
  • 12. Namibia, your Investment, Trade and Tourism Partner Infrastructure: Logistics & Transport, Energy, Water Investment Opportunities12 Industrial Parks Upgrade & expansion of railroad Ship repair Truck ports/Service stations Specialized terminals Cold storage facilities Customized logistics solutions exporting & importing industries (mining, agriculture, petroleum etc) Logistic hubs and innovative freight solution INVESTMENT OPPORTUNITIES WB Port New Terminal New SADC Gateway Port
  • 13. Namibia, your Investment, Trade and Tourism Partner Service Industry: Tourism, ICT, Skills Development Investment Opportunities13 Hospitality, Gastronomy & Culinary Training C’est Si Bon Hotel Expansion Olufuko Tourism Resort/Cultural Centre Diyondo Mukwe Tourism Lodge Northern Star Luxury Lodge/Camp 1 2 3 4 5 High Value Destination Booming Tourism Industry
  • 14. Namibia, your Investment, Trade and Tourism Partner Investment Climate - Legal Framework 14 Investment Act Export Processing Zone Regime Independent Judicial System and Strong Institutions Incentives for Manufacturers and Exporters of Manufactured Goods 1 3 4 5 Foreign Investment Act2 Protection of Investments Liberal Investment Regime Repatriation of Profits and access to Foreign Exchange Provision for International Arbitration of Legal Disputes Corporate Tax and Duty Free (must export 70-100% of produce) Can locate anywhere in Namibia 18 operational (mineral beneficiation, automotive, household plastics)
  • 15. Namibia, your Investment, Trade and Tourism Partner Summarized investor Incentives 15 Registered Manufacturers Exporters of Manufactured Goods Export Processing Zone Corporate Tax 18% for 10 years 32% Exempt VAT Exemption on imported Equipment/ Material Not eligible Exempt Establishment Tax Package Negotiable Not eligible Not eligible Incentive for Training 25-75% deduction from taxable income Not eligible Not eligible Industrial Studies 50% of cost Not eligible Not eligible
  • 16. Namibia, your Investment, Trade and Tourism Partner FDI flows into Namibia 16 Company Investment Commencement Date 1 Industrials Almentaries de Navara (Spain) Asparagus Processing Plant 2017 2 Namibia Italy Gems Cut (Italy) Gemstone Processing Plant 2013 3 Innosun (France) Solar Power Plant 2016 4 Banco Atlantico (Portugal) Financial Services 2015 5 Eurobic (Banco BIC) (Portugal) Financial Services 2016 6 Safari Investments (South Africa) Retail (Waterfront/Mall) 2016 7 Atterbury Group (South Africa) Retail (First Mall in WB) 2017 8 Ohorongo Cement (Germany) Cement Factory 2011 9 Rolls Royce (United Kingdom) Marine Service/Shipyard Repair Centre 2011 10 Al Dahra Agriculture (United Arab Emirates) Date & Grape Plantations 2011
  • 17. Namibia, your Investment, Trade and Tourism Partner Investment success stories in Namibia 17
  • 18. Namibia, your Investment, Trade and Tourism Partner Why Namibia? 18 WHY NAMIBIA Good Governance, Peace, Stability Economic & Political Conducive Investment Climate Legal & Regulatory Framework Sound Financial System Six Commercial Banks Strategically Located Gateway into the SADC Region Globally Competitive Infrastructure Road, Rail, Air, Sea, Telecom Young & Trainable Workforce Quality of Life Medicare, Schools, Recreational Facilities, Security
  • 19. Namibia, your Investment, Trade and Tourism Partner Namibia Investment Centre (NIC) Supportive local networks 19 Investment Promotion Agency • Local and Foreign Direct Investment promotion and facilitation • Policy advocacy Business Mission Facilitation • Inbound and outbound business delegations • Identification of sites & premises according to investor specifications Local Partnership Facilitation • Identification of local suppliers, customers or service providers • Facilitation of joint ventures & meetings with potential business partners Project Development Support • Information on available incentives, subsidies and other support programmes • Investor support with project development and financing Fast-tracking Administrative Processes • Coordination with ministries, agencies and local authorities to fast-track administrative processes, e.g. permits/licenses • Facilitation of visas and work permit applications After-care Services • Support to overcome individual challenges of existing investors • Identification of new business development and growth opportunities to facilitate expansion
  • 20. Namibia, your Investment, Trade and Tourism Partner Our Mandate 20 OBRIGADO THANK YOU 42 Rue Boileau, Paris 75016 Tel: +33 1 44 1732 65 Fax: +33 1 44 17 32 73 Email: info@embassyofnamibia.fr bhinda@embassyofnamibia.fr ✓ Visit: www.embassyofnamibia.fr (currently re-developed) Investment Promotion Trade Facilitation Economic Diplomacy 1 Visa Facilitation Work Permit Facilitation (Namibia Investment Centre) MITSMED Investment/Trade/Tourism Enquiries 2 3 6 7 8 Business Mission Facilitation Partnership Facilitation4 9