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Construction work nearing completion on SME Parks in Namibia

Wednesday, 26 Jun 2019
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The government of Namibia is nearing construction works on small business parks countrywide. A total of USD seven million was set aside for SME financing under the Development Bank of Namibia.

In Kunene region, extension works to increase SME booths at Opuwo business park were fully completed with already 18 enterprises occupying the facility. The Nara Namib industrial project at Walvis bay is also complete with only sewer systems left to be completed and in North-East, the Divundu industrial park and some of the bulk services are complete while Rundu thatch logistics centre is ready for commissioning after completion.

The central parts of construction of Kalkrand business park were completed and operational since 2017. The construction of SME parks at Katima Mulilo, Rosh Pinah, Luderitz and Oranjemund was suspended due to a directive from treasury in order to prioritise capital projects for FY 2016-18.

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