President Netumbo Nandi-Ndaitwah has tasked Namibian businesses with developing bankable projects that can unlock and attract Chinese investment, translating to sustained economic growth. 

She said the government is ready to back ventures that seek to create industries, jobs and value addition to products in Namibia.

Nandi-Ndaitwah addressed more than 150 representatives from the Namibian private sector and state-owned enterprises before the hosting of the Namibia-China Business Forum in Beijing, where she urged them to secure investment partnerships with Chinese companies.

The delegation has spent the past few days engaging potential investors across several Chinese provinces, promoting opportunities in key sectors of Namibia’s economy.

The President wants manufacturing and value addition to anchor every investment proposal as Namibia looks to capitalise on zero-tariff access for exports to the Chinese market.

"I’m just really encouraging you to be very active and to find projects that are bankable. As a government, we will do our best to assist our businesspeople in order for them to succeed. I have some of my targets, and it's only you, Namibian businesspeople, who can make me meet those targets."