Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Phase one of N$4.3 billion development to provide 4 500 housing units

Home National Phase one of N$4.3 billion development to provide 4 500 housing units

WINDHOEK – Ongos Valley, the exciting N$4.3 billion housing development poised to change the face of Windhoek’s residential landscape, kicked off on Wednesday with a ground-breaking ceremony attended by Vice-President Nangolo Mbumba. The ceremony was conducted in the presence of various stakeholders in Namibia’s housing and land delivery market. 

Located only a few kilometress from Windhoek’s central business district, Ongos Valley is slated to become a self-sustaining residential and commercial centre for civil servants, young professionals and other hardworking Namibians.

Phase one of Ongos Valley is expected to introduce over 4  500 housing units and supporting infrastructure at a value of N$4.3 billion. A first of its kind, this project is projected to create over 10 000 employment opportunities over 10 years for skilled, semi-skilled and unskilled youth, a major boost for the economy. 

 Ongos Valley aims to satisfy Namibia’s ever-growing and much publicised need for affordable housing. This will be achieved using efficient methods and processes as well as smart design solutions and planning expertise by some of Namibia’s leading construction professionals. 

The promoter’s dream of providing affordable, good quality homes to a large portion of the Namibian population is a driving force behind the project. A project this size is only possible through the continued support from a number of key stakeholders. Nedbank Namibia’s Managing Director Lionel Matthews expressed his appreciation to the Ongos Valley development team for their belief in the bank’s ability to be the lead arranger for the project’s financing.  The Development Bank of Namibia Managing Director, Martin Inkumbi, was also in attendance representing the primary financier for bulk infrastructure.  Ongos Valley is spearheaded by Fullbright Investments, a Namibian infrastructure development firm that has successfully completed a number of low-cost housing developments across the country. Having expertise in construction project costing and management, and with the experience gained by working with government and statutory authorities, places them in a unique position to deliver value for future homeowners in Ongos Valley. Invited guests at the ground-breaking ceremony included Laura McLeod-Katjirua, Governor of the Khomas Region, Mayor of Windhoek Muezee Kazapua, Deputy Minister of Finance Natanguee Ithete, and Deputy Minister of Public Enterprises, Veiko Nekundi.