The Namibia Investment Centre (NIC) was established in 1990 under the Foreign Investment Act No. 27 of 1990(which is currently under review) with the major responsibility of promoting FDI (Foreign Direct Investment). The NIC is the first port of call for investors, local and foreign.
The NIC is operating as a Department within the framework of the Ministry of Trade and Industry.
To market Namibia as the preferred investment destination in the region by attracting and retaining both foreign and local investment.
Market Namibia as a favourable investment destination
Facilitate and create an enabling investment environment and regulatory framework
Ensure that Namibia has a fair share of regional and global FDI flows
Identify and encourage the attraction and growth of inward and outward domestic investment
Reasons why invest in Namibia
Namibia has solid foundations for democracy, good governance, peace and stability
Business firendly legal and regulatory framework, and liberal investment incentive regime (e.g EPZ, exporters and manufacturers incentives)
Sound financial system and stable foreign exchange reserves
Ideal gateway to SADC regional market via trade agreements and world port, rail, road and air infrastructure
Excellent telecommunications network
Efficient and transparent bureaucratic system
Good housing, health, education and recreational facilities
A pool of young and trainable labour force and incentives for training
An oasis of investment
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