Namibia is booming – and don’t expect it to slow down for at least five years. This is according to Kevin Melnick, managing director of Pentagon Freight Services, which is currently expanding its footprint in Namibia. “We’re seeing only an increase in volumes across all commodities, including oil, gas, mining, industrial and renewables.”Melnick attributes the surge not only to a wave of investment across key sectors but also to a more enabling regulatory environment. “They are much further down the road in terms of development than many other countries in the region. There is also far less red tape, making it an easy environment to do business in,” he told Freight News. “Where regulations have hampered growth in the past, the government is now actively relaxing those conditions, making it more feasible to invest and redirect resources into logistics.”According to Melnick, Namibia has seen a rapid increase in logistics activity, driven largely by expanding opportunities in the oil and gas, mining and renewable energy sectors. “We’ve significantly stepped up our presence, with a dedicated office now established in Walvis Bay,” he says. “Our strategic alliance with the TLC Group positions us well to further grow our footprint and scale up our operations across the country.”Renowned for its expertise in the oil and gas sector, the company has been closely monitoring developments in Namibia’s emerging energy landscape. “All of the major oil and gas players are making viable finds in Namibia and Financial Investment Decisions (FIDs) are imminent for several of these projects,” said Melnick. “We’re seeing a clear shift toward long-term investment in oil and gas, which is extremely encouraging news for the logistics sector.”The same upward trend is evident in the mining sector. LV
