New strategy for economic trajectory
Logistics has been introduced as one of the four economic priorities in the fourth National Development Plan.
09 February 2021 | Economics
Following a high-level survey funded by the Japan International Corporation Agency (JICA), Namibia crafted a new strategy for its economic trajectory, by introducing logistics as one of the four main economic priorities in its fourth National Development Plan (NDP4).
Consequently, Namibia approached the Japanese government to assist in developing the Logistics Hub Master Plan, in order to outline the future framework and outlook for the Logistics Hub.
The National Planning Commission (NPC) chairs the national steering committee, with the Walvis Bay Corridor Group (WBCG) as the executing agency.
Key technical partners like Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and JICA, continue to provide technical and financial assistance to ensure the implementation of the various programmes being developed under Namibia's Logistics Master Plan.
As part of the implementation structure of the Logistics Hub Master Plan, four working groups were established.
These group focus on the development of the logistics hub centre, strategic marketing, capacity development and integrated border management.
WBCG continues to coordinate working group activities that in turn report to the steering committee and Cabinet Committee on Trade and Economic Development (CCTED) for political and policy endorsement.
WBCG further established Logistics Hub forums to engage the industry on specific thematic areas. These sessions enable continuous engagement between the public and private sectors on matters pertaining to the development of logistics in the country.
Gilbert Boois, WBCG's projects manager, stated that for the new year, the focus remains on engaging industry leaders and government. “This is to ensure adequate capacity from the private sector to deliver seamless logistics solutions and adequate resources from our government as the custodian of this project, to implement the plan.”
Boois said that whilst Namibia has made significant strides to position itself as a logistics hub for the Southern African Development Community (SADC) region, the world at large has been confronted with the Covid-19 pandemic that brought about unprecedented disruptions worldwide.
“Going forward, given the reality of the pandemic with impending new norms, the logistics industry needs to reinvent itself and become more ingenious to ensure sustained cargo volume growth for the foreseeable future.”