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Memorandum
of Understanding:
Grina Technologies has signed
a Memorandum of Understanding (MoU) with the Government
of the Republic of Namibia.
The purpose of the MoU is to expand and formalize a
platform for discussions and for sharing information
and advanced technology leading to sustainable socio-economic
development. The MoU outlines plans for cooperation
on a variety of sustainable development areas, including
large-scale socio-economic development and economic
gardening for encouragement of Namibian and American
entrepreneurial growth. Grina will train, design and
facilitate import/export of products, services and technology
between Namibia and the rest of the world.
The opportunity…
Enormous investment opportunities exist for key
sectors and multi sector economic development. As
one of the youngest and stable, market economies in
Africa, Namibia provides an enabling environment for
investment. Namibia upholds the principles of democracy,
human rights, transparency and good governance.
Investment opportunities are supported by generous tax
incentives for investment and are especially attractive
for American
businesses.
The Government of the Republic
of Namibia is committed to stimulate economic growth
and employment and to establish Namibia as a gateway
location in the Southern African region. Incentives
are largely concentrated on stimulating manufacturing
in Namibia and promoting exports into the region and
to the rest of the world. Incentive regimes in place
are designed to give Namibia-based entrepreneurs who
invest in manufacturing and re-export trade a competitive
edge. These tax and no-tax incentives are accessible
to both existing and new manufacturers.
Namibia is a country of compelling beauty, abundant
sunshine, and a feeling of open space and truly a tourist’s
paradise. With its unspoiled landscapes and large
variety of game, Namibia is one of the larger countries
in Africa and draws an increasing number of visitors
from various part so the globe. Contact Grina Technologies
and we can help you grow your business in this emerging
market.
Namibia like other developing countries lacks both
the human and institutional capacity to deal with development
issues especially in trade, mobilization of resources
and service provision, among others. The country also
lacks appropriate technologies, especially technologies
that promote development. As for Globalization, it may
have presented opportunities for some, but for Namibia,
it presents more challenges than opportunities.
Grina Technologies is providing the institutional capacity
and world class technology to assist Namibia in dealing
with socioeconomic development issues including trade.
Gross Domestic Product
(GDP in US Dollars / year)
14,760,000,000
Total Exports
(US Dollars / year)
1,356,000,000
Total Imports
(US Dollars / year)
1,473,000,000
UPDATE - Jan. 2012
A small scale Steel Plant getting ready in Otavi, Namibia
A large scale Power Plant in Walvis Bay area
Other projects are being discussed
While Namibia is known for its wild life, the beach
life is great too.
 
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