Special Adviser to the Prime Minister, Asser Ntinda, says Namibia will require an estimated N$506.7 billion by 2030 to implement projects outlined under the Sixth National Development Plan (NDP6), which comprises 47 focus areas, 80 programmes and 243 sub-programmes.
Speaking on behalf of the Prime Minister at the launch of the Government Institutions Pension Fund’s (GIPF) 2026–2029 Strategic Plan, Ntinda called on the fund to increase its investment in local development projects, arguing that visible investments within Namibia would help restore public confidence while supporting national development objectives.
“These four principles are our collective response to the three development goals outlined in NDP6. These are wealth creation, improved equality and employment creation. NDP6 has lofty goals and impressive targets. It has 47 focus areas, 80 programmes and 243 sub-programmes. To implement all these projects by 2030, we need N$506.7 billion. This is not small change. This budget, therefore, needs all of us,” he said.
Ntinda described GIPF as a critical partner in the country’s socio-economic development agenda and urged the fund to channel more capital into projects that create lasting benefits for communities.
He pointed to infrastructure investments such as schools and hospitals as examples of projects that could leave a lasting legacy and challenged the fund to consider developing modern healthcare facilities in underserved areas.
“How about building a state-of-the-art hospital in Tsumkwe, Nkurenkuru, Opuwo, Otjinene or Ruacana that stands out as a shining GIPF public investment? Public servants have made GIPF what it is today. These public servants, serving or retired, are scattered all over the country. They, and their offspring, will always feel and touch every investment you make in this country,” he said.
Ntinda welcomed the alignment of GIPF’s new strategy with Vision 2030, NDP6 and the United Nations Sustainable Development Goals, saying the fund has an important role to play in stimulating economic growth, reducing poverty and promoting regional development.
According to Ntinda, GIPF has already made significant contributions to national development over the past five years. During that period, the fund paid more than N$30 billion in benefits to members, committed N$2.7 billion to renewable energy projects and invested N$17.2 billion in national infrastructure developments.
The fund also facilitated the construction of more than 8,000 houses, serviced over 5,000 residential plots and contributed to the creation of approximately 10,900 jobs.
Looking ahead, Ntinda said he was encouraged by the fund’s plans to expand local investments, support food security initiatives, strengthen manufacturing capacity and promote employment creation across both rural and urban communities.
