Namibia's foreign direct investment need strategic plans

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A public policy analyst and international relations expert says Namibia needs to have strategic plans in place to guide the use of foreign direct investment (FDI).

Dr. Marius Kudumo reacted to President Hage Geingob's announcement that Namibia had attracted more than N$10 billion in FDI when he delivered the State of the Nation Address.

President Geingob announced that Namibia managed to attract foreign direct investment worth N$13.2 billion, or 7.2% of its gross domestic product, during the first nine months of 2022.