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Home Companies Trade

Namibia’s Dubai Expo Pavilion generates 187 investment leads

by editor
March 28, 2022
in Trade
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Namibia’s participation at the Dubai Expo is bearing fruit after it generated a total of 187 investment leads, well above the targeted 10 leads a month, President Hage Geingob has revealed.

“The NIPDB has commenced the process of engaging with potential investors who expressed interest in investing in Namibia mainly in the green hydrogen, tourism and education industries,” he said during the commemoration of  Namibia’s National Day at the Dubai Expo.

“Our expectations in terms of the objectives set out for this Expo were exceeded, as over 300,000 people visited the pavilion. We conversed with potential business partners and development agencies who are keen to help us translate new opportunities into tangible investment projects.”

Namibia’s National Day celebrations, held at the Al Wasl Plaza dome, was graced by the presence of the President and First Lady Monica Geingos, and other guests including several cabinet Ministers, captains of industry and Namibians living in Dubai.

President Geingob was welcomed by Sheikh Nahayan Mabarak Al Nahayan, United Arab Emirates (UAE) Minister of Tolerance and Coexistence and Commissioner General of Expo 2020 Dubai, who praised Namibia for a successful participation at the expo and highlighted the long-standing relationship between Namibia and the UAE.

National Day celebrations provide a platform for participating nations to showcase their creative industries, local talent and rich cultural diversity.

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