Ministry of Industrialisation, Trade and SME Development is charged with the responsibility to develop and manage Namibia’s economic regulatory framework, promote economic growth and development through the formulation and implementation of appropriate policies with the view to attract investment, increase trade, develop and expand the country’s industrial base.
he main objectives of the Ministry are to develop and to diversify the Namibian economy towards an efficient and competitive level.
The mandate of the Ministry is divided into four main programme areas as outlined below:
International Trade Development which is administered by the Directorate: International Trade in the Department of Trade and Commerce.
Industrial and Enterprise Development which is the responsibility of the Directorate: Industrial Development.
Investment Promotion and Facilitation which is the function of the Namibia Investment Centre. The centre which has been established in terms of the Foreign Investment Act (Act No. 24 of 1993 as amended). The Centre serves as the Namibia’s official investment promotion and facilitation agency and the first point of call for investors
The development of a vibrant and competitive domestic economy and market conditions function of the Ministry is administered by the Directorate: Commerce in the Department of Trade and Commerce
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