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The Acting Chief Executive Officer of the Offshore Development Company - ODC - has held a presentation informing visitors to the China International Fair for Investment and Trade, CIFIT, of investment opportunities in Namibia.
 
Phillip Namundjebo told visitors to the 16-th CIFIT in Xiamen, China, of investment opportunities in the areas of mining and energy, tourism, fisheries and manufacturing.
 
He said Namibia had deposits of diamonds, uranium, gold, copper, lead, zinc and other base metals, as well as a wide variety of semi-precious stones.
 
Namundjebo told visitors that Namibia encouraged value-addition in the refining of base metals and minerals like manganese, the processing of marble and granite and cutting and polishing of precious and semi-precious stones.
 
He also spoke about the country's spectacular scenery and wildlife, excellent infrastructure and warm climate.
 
The acting ODC CEO also noted that the country's marine resources were among the richest in the world, and included commercially sought-after species of fish and shellfish such as hake, monk, tuna, crayfish and oysters.
 
He also introduced an investment opportunity in ship-building and repair.
 
A team of more than 20 Namibian business people and government officials, led by the Deputy Minister of Trade and Industry Tjekero Tweya, was attending the event.
 
The fair ends tomorrow. (tues)
 

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