MIT, UNDP launch SDG Investor Map

Posted November 12, 2021

 

Hon. Lucia Iipumbu, MP , Minister of Industrialisation and Trade with Mr. Wilmot Reeves, UNDP Economic Advisor, launching the Namibia SDG Investor Map Report

 

WINDHOEK- The Ministry of Industrialisation and Trade and United Nations Development Programme (UNDP) Namibia on Thursday, 11 November 2021 launched the SDG Investor Map for Namibia laying out 5 key sectors and 15 Investment Opportunity Areas (IOAs).

The event hosted key private sector actors including investors and entrepreneurs from prioritized sectors, including infrastructure, agriculture, services, health, and education.

 

Mr. Wilmot Reeves, UNDP Economic Advisor giving remarks during the launch of the Namibia SDG Investor Map Report

 

“The Namibia SDG Investor Map is a critical component of the Integrated National Financing Framework, as it is aimed at supporting the Namibian government to mobilise the much needed development finance to supporting the implementation of the national development agenda and promote sustainable development.” Mr. Wilmot Reeves, UNDP Economic Advisor.

UNDP Namibia supported the Government of Namibia through the Ministry of Industrialisation and Trade (MIT) to define priority sectors and sub-sectors with their relevant investment opportunity areas (IOAs) to attract private sector investment in Namibia. Through in-depth analyses and numerous stakeholder consultations, business models within these sectors and IOAs were identified to inform the direction of the required structural transformation and guide private sector investment activity in Namibia.

Speaking at the event, the Honourable Minster of Industrialisation and Trade, Lucia Iipumbu applauded UNDP Namibia for supporting the government of Namibia to produce the SDG Investor Map as part of the Namibia Integrated National Financing Framework, including the work being done on the SDG Financing Strategy and the Digital Finance Ecosystem Assessment currently underway.

“The SDG Investor Map is in essence aimed at promoting strategic sectors in lieu of what they call the ‘Big Sustainability Push’ along with subsectors such as the circular economy, the health and care economy, renewable energy, sustainable tourisms and bioeconomy and ecosystem services amongst many other sectors.” Hon. Lucia Iipumbu, MP , Minister of Industrialisation and Trade.