By Hileni Nembwaya
PRIME Minister Saara Kuugongelwa-Amadhila says that productivity and competitiveness are the keys to overcoming the critical challenges of generating wealth creation and economic growth in the country.
Speaking at the Ondangwa Trade and Industrial Exhibition fundraising gala dinner, held in the northern town last Saturday, Kuugongelwa-Amadhila said the country’s capacity and potential to produce goods and services needed to be enhanced, as a matter of urgency.
“Production is the basis for wealth creation and economic growth. Wealth creation and economic growth are, in turn, the basis for employment creation and poverty eradication. In this regard, it is imperative that, as a nation, we promote productivity and competitiveness as critical elements in wealth creation and economic growth,” said Kuugongelwa-Amadhila.
She added that the government is committed to transforming and diversifying the economy, in order to efficiently deal with employment creation and poverty eradication.
“Employment opportunities can only be created through business expansion and growth. Government is, therefore, pushing for the faster development of infrastructure, such as transport, logistics, energy and water.
“At the same time, it is also developing local skills and talent, to close the skills gap and skill mismatches in our economy, in order to achieve the highest level of efficiency in both the public and the private sectors,” said Kuugongelwa-Amadhila.
The prime minister also commended the Ondangwa Town Council for making great strides in manufacturing capacity development and value-addition.
Ondangwa Town Council Chief Executive Officer, Ismael Namgongo, said that the municipality has embarked on the implementation of its strategic plan, and a number of companies have already come on board, by joining the council in its housing construction efforts.
“Today we have just signed some public-private partnership agreements with private sector companies, and together with these partners we have committed ourselves to service and construct 634 houses in the coming months,” said Namgongo.
More than N$400 000 was raised during the fundraising gala dinner.
The Ondangwa Trade and Industrial Exhibition will take place from 28 April 28 to 6 May.
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