RUNDU – The Namibia Industrial Development Agency (Nida) is seeking investors for the development of feedlot and fodder as well as feed cultivation at its Kavango Cattle Ranch facility in the Kavango West region.

In a statement on Namibia’s Industrialisation Agenda, the agency’s recently-appointed CEO Richwell Lukonga, noted that the investment also includes possible biomass production, further enhancing its economic impact.

“This investment is part of the flagship projects Nida identified during the transition period since its establishment in November 2018,” he said.

Nida has been mandated to implement business incentives to support industrialisation, and to
develop, coordinate and foster
partnerships across all levels of government, the private sector and relevant stakeholders to achieve its objectives. He added that in the Kavango East region, Nida is advancing an agri-business project in Divundu, along with special agri-scheme projects such as the Musese and Shitemo green schemes.

With the primary goal of generating employment, reducing poverty and promoting the manufacturing of value-added products, Nida has allocated industrial land for private sector development in towns such as Tsumeb, Otavi, Divundu, Walvis Bay, Karibib, Okahandja and Opuwo.

Nida’s industrial agenda revolves around five key initiatives: youth empowerment and employment- creation, entrepreneurship development, investment facilitation and attraction, export-oriented industrial growth and import substitution.  – Nampa