Namport is looking for privatesector partners to redevelop the land that has been freed up by the moving of the container terminal. “We have several projects in the pipeline supporting our strategy, which will require significant financial investment,” said Namport director Nangula Hamunyela at the inauguration ceremony of the new terminal. “It is, however, a reality that our own financial resources and those of our shareholder are finite, and we should focus on innovative and smart partnerships with the providers of capital and the private sector to realize that these projects of national importance must continue.” Consistent with this approach, he said the private sector would have the opportunity to participate in the development of greenfield sites such as the 1 330 hectares of the harbour’s north port land. “There will also be investment prospects in projects such as a new car terminal and a logistics centre as well as the development of a Walvis Bay Waterfront.” According to Namport commercial executive, Tino !Hanabeb, plans for the old container terminal include the bagging of fertilisers and mining chemicals in the port. Having these processing facilities will help balance the loads to and from the Copperbelt.
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Our own financial resources and those of our shareholder are finite. – Namport director Nangula Hamunyela
