The Governor of the Khomas Region, Laura McLeod-Katjirua, says the Ongos Valley Sports Stadium Development project is estimated at N$2 billion.
The Ongos Valley Sports Stadium Development, with a capacity of 28,000 plus spectator seats was launched earlier this year in the Moses Garoeb constituency.
“It represents a major investment in the future of our community, promising to bring economic growth, job creation, and an elevated profile for Namibia on the global stage. The project is estimated to be N$2 billion,” said McLeod-Katjirua during her State of the Region address this week.
The sports Ministry has budgeted N$20 million under the operational budget to maintain Ministerial buildings and stadiums including Katutura Sports Complex.
“This development is poised to become a beacon of pride, equipped with state-of-the-art facilities designed to host a diverse range of sporting events and entertainment spectacles,” she said.
Ongos Valley, which is developing a mixed-use township located 14 kilometres away from the city centre, plans to build a total of 28,000 housing units in 20 years.
This development comes after the City of Windhoek Council in October 2023 granted the Ongos Valley Development a take-over certificate, signalling the final stage of the housing project’s first phase of development.
The Ongos Valley Development has invested N$900 million into the housing project’s first phase in Windhoek and was expected to hand over 400 housing units to residents in June 2023.
Ongos Valley is situated on a 1,750-hectare portion of Farm Ongos, 13 kilometres from the Windhoek city centre.
It will be a self-contained green village area with schools, hospitals, police stations and a cemetery, among other services.