Ongwediva Business Park to be inaugurated soon

THE newly developed multi-purpose business park at Ongwediva will be inaugurated by President Hifikepunye Pohamba on the 23rd of this month.

The business park, situated opposite the Ongwediva Trade Fair Complex, was constructed at a cost of N$24 million. The business park is a project of the Ministry of Trade and Industry and was implemented and managed by the Offshore Development Company (ODC).A media statement issued by the ODC on Wednesday said the Ministry of Trade and Industry has since the inception of its Sites and Premises Development Programme constructed a total of 34 modular small and medium enterprise (SME) business units and all-purpose industrial parks, of which the Ongwediva Business Park is one.One of the main constraints to the successful development and growth of the SME sector in Namibia is a lack of affordable business premises.”In keeping with its mandate of promoting the entrepreneurial development and the growth of the SME sector, the Ministry of Trade and Industry developed and adopted a Policy and Programme on Small Business Development in 1997,” the statement read.One of the main components of this policy is the Sites and Premises Development Programme, which has been designed specifically to address the lack of affordable business premises.The programme involves the development of modular premises and industrial parks, which provide affordable spaces for trading, office and industrial activities.NampaThe business park is a project of the Ministry of Trade and Industry and was implemented and managed by the Offshore Development Company (ODC).A media statement issued by the ODC on Wednesday said the Ministry of Trade and Industry has since the inception of its Sites and Premises Development Programme constructed a total of 34 modular small and medium enterprise (SME) business units and all-purpose industrial parks, of which the Ongwediva Business Park is one.One of the main constraints to the successful development and growth of the SME sector in Namibia is a lack of affordable business premises.”In keeping with its mandate of promoting the entrepreneurial development and the growth of the SME sector, the Ministry of Trade and Industry developed and adopted a Policy and Programme on Small Business Development in 1997,” the statement read.One of the main components of this policy is the Sites and Premises Development Programme, which has been designed specifically to address the lack of affordable business premises.The programme involves the development of modular premises and industrial parks, which provide affordable spaces for trading, office and industrial activities.Nampa