PROJECT NAME: NAMIBIA INTERNATIONAL CONVENTION CENTRE
PROMOTER: Ministry of Industrialisation, Trade and SME Development
LOCATION: The Government of Namibia has acquired 20 hectares of land suitable for the development of an International Convention Centre in Windhoek, near the Windhoek Country Club Resort.
SECTOR: Meetings, Incentives, Conferences and Events.
BRIEF DESCRIPTION:
The project involves the development, operation, maintenance, marketing, and transfer, adjoining a convention/ mixed-use centre in the capital. The development, operations and maintenance shall be guided by a set of pre-agreed quality and performance standards that shall become part of the contract signed between parties.
The returns on investment are highly dependent on the number of days the facility is hired for conferences, conventions, exhibitions and other events. The idea of developing a Convention Centre of international standard was strengthened by the need to reposition Namibia competitively in the highly dynamic global environment, by creating a niche for the meetings, incentives, conferences and events (MICE) sector. Windhoek is one of Africa’s most modern, safest and cleanest cities.
IMPACT: Namibia is strategically located and possesses numerous attractions, attractive for international and regional events. In addition to direct fl ights to and from numerous destinations (or via Johannesburg), the proximity to South Africa and the frequency of fl ights between the two countries are added advantages.
TOTAL INVESTMENT:
Total project cost is estimated at US$109 million or N$1.5 billion
IMPLEMENTATION PERIOD:
Phase 1: Review of feasibility study and acquisition of land;
Phase 2: Signature of agreement, preparation of drawings and plans, and technical teams scout for fundraising;
Phase 3: Servicing of the land, ground-breaking, construction, and quality assurance;
Phase 4: Handover of building, payment of retention fees, inauguration and launch of centre;
Phase 5: Implementation, operation, and support services for the full and effective functioning of the centre.
CONTACT DETAILS:
Dr. Michael Humavindu Deputy Executive Director Ministry of Industrialisation, Trade and SME Development
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +26461 - 283 7332
Mobile: +264 81 155 6362