Namibia tells China to add value, not just extract
President Netumbo Nandi-Ndaitwah has urged Chinese investors to move beyond extracting Namibia’s natural resources and instead invest in local value addition, saying the country will prioritise projects that create jobs and industrialise the economy. Addressing the Namibia-China Business Forum in Beijing on Thursday, Nandi-Ndaitwah said Namibia is seeking partnerships that establish processing plants, manufacturing industries […] The post Namibia tells China to add value, not just extract appear
President Netumbo Nandi-Ndaitwah has urged Chinese investors to move beyond extracting Namibia’s natural resources and instead invest in local value addition, saying the country will prioritise projects that create jobs and industrialise the economy.
Addressing the Namibia-China Business Forum in Beijing on Thursday, Nandi-Ndaitwah said Namibia is seeking partnerships that establish processing plants, manufacturing industries and technology transfer rather than exporting raw materials.
