Namibia welcomes investors

PRESIDENT Hifikepunye Pohamba said Namibia’s door remains open to foreign and local investors to operate in an environment that is investor friendly.

In a speech delivered on his behalf by Minister of Presidential Affairs Albert Kawana during the official opening of the new Polyoak Packaging Namibia factory yesterday, Pohamba said the Government had laid a firm foundation for foreign investors and local businesses to flourish. The smart partnership between Plastic Packaging and Polyoak South Africa gave birth to N$30 million Polyoak Packaging Namibia.”Since Independence, our Government has adopted an open-door policy for both foreign investors and local businesses to operate in an environment that is investor friendly,” he said.Pohamba commended management and staff of Polyoak Packaging Namibia for their vision and business acumen in contributing towards the economic growth in the country.He added that manufacturing ventures served to expand the industrial base of the economy in line with Vision 2030.The Polyoak factory, situated in Windhoek’s Prosperita area, is a bottle-manufacturing plant.NampaThe smart partnership between Plastic Packaging and Polyoak South Africa gave birth to N$30 million Polyoak Packaging Namibia.”Since Independence, our Government has adopted an open-door policy for both foreign investors and local businesses to operate in an environment that is investor friendly,” he said.Pohamba commended management and staff of Polyoak Packaging Namibia for their vision and business acumen in contributing towards the economic growth in the country.He added that manufacturing ventures served to expand the industrial base of the economy in line with Vision 2030.The Polyoak factory, situated in Windhoek’s Prosperita area, is a bottle-manufacturing plant.Nampa