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A Gem Worth Investing In A PRESENTATION by Namibia Investment Centre MINISTRY OF TRADE AND INDUSTRY

Macroeconomic Overview Key Economic Sectors Legal and Policy Framework on Investment

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A Gem Worth Investing In A PRESENTATION by Namibia Investment Centre MINISTRY OF TRADE AND INDUSTRY

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    3. Namibia at a Glance

    4. Macroeconomic Overview

    6. Macroeconomic Overview Cont

    7. Key Economic Sectors

    8. Legal and Policy Framework on Investment Foreign Investment Act, No. 24 of 1993 Main provisions: Promotes free market economy in Namibia Equal treatment of national and foreign investors Full protection of investment No prescription of local participation Repatriation of profits Responsible Authority: Namibia Investment Center, Ministry of Trade and Industry

    9. Legal and Policy Framework cont. Export Processing Zone (EPZ) Act, No. 9 of 1995 The Namibian EPZ Regime: Vehicle for attracting export-oriented domestic and FDI into the manufacturing sector Tax and duty free environment Export oriented (outside SACU) Local sales are conditional and dutiable Free dealing in foreign currency Free repatriation of capital and profits Free location of enterprise anywhere in Namibia EPZ has attracted investments valued over N$ 5,2 billion and created more than 10,000 direct jobs. Responsible Authority The Offshore Development Company

    11. Preferential Market Access SACU SADC FTA AGOA ACP-EU Cotonou Agreement Bilateral Trade Arrangements Most Favoured Nations trade arrangements with Angola, DRC, Ghana, Tunisia, Cuba, India, China, DPR Korea, Malaysia, Romania and Russia Reciprocal Investment Promotion and Protection Agreements with several countries including in Europe

    24. why invest in Namibia?

    26. Contacts OFFICE OF THE PERMANENT SECRETARY Dr. Malan Lindeque Tel: +264 61 283 7332 Fax: +264 61 220 278 Email: mlindeque@mti.gov.na NAMIBIA INVESTMENT CENTRE Ms. Bernadette Artivor Executive Director Tel: +264 61 283 7335 Fax: +264 61 220 278 Email: nic@mti.gov.na or artivor@mti.gov.na OFFSHORE DEVELOPMENT COMPANY Mr. Nghidinua Daniel Acting Chief Executive Officer Tel: +264 61 283 7360 Fax: +264 61 231 001 Email: odc@odc.com.na Website: www.grnnet.gov.na and www.mti.gov.na

    27. NAMIBIA WELCOMES YOU

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