Infrastructure boom for Namibia
DEVELOPMENTBy BiztechAfrica - March 6, 2012, noon
Namibia will see significant growth across a number of infrastructure sectors over the next decade, says a new report by Frost & Sullivan.
Frost & Sullivan’s report, ‘African Infrastructure Tracker: Namibia's Infrastructure Sectors’, finds that there will be significant growth across a number of infrastructure sectors in Namibia. It says this will be the result of the government's aim to increase economic growth and access to services, as well as the country's involvement in trade within the SADC region. The research covers the road, rail, airport, port, energy and power, telecommunications, water and sanitation, housing, education and healthcare infrastructure sectors.
"After building infrastructure in the 1960's to support the population and industry, new infrastructure developments rarely occurred, and maintenance has been insufficient," notes Frost & Sullivan's Environmental and Building Technologies Research Analyst, Sarah O'Carroll. "As a result, both the transport and energy infrastructure is insufficient to support current industry levels."
The road network requires USD779.4 million for the development of the road network, with USD666.8 million to be used for maintenance and upgrading.
Insufficient investment for maintenance and upgrading has led to the poor provision of services across the country, says the report. Large infrastructure gaps also need to be addressed across several sectors, due to poor planning.
The three operating power stations were built in the late 1970's and no significant expansion projects have followed. For a long time, Namibia relied upon Eskom (South Africa's power utility) to meet energy demands.
As a result, Namibia is a net energy importer, importing 66.3% of its energy requirement, and power shortages are frequent. This has ultimately resulted in the Government playing catch-up, rather than focusing on increasing capacity to meet future demand.
"Despite the challenges facing infrastructure development, the market presents numerous opportunities for growth," says O'Carroll. "The discovery of oil off-shore has highlighted the potential for industry growth and has further underlined the urgent need for infrastructure development in the country."
The timely completion and delivery of infrastructure – within predicted budgets – will be crucial to meeting infrastructure development goals, says the report.
"The Chinese's ability to reduce costs is a key reason for their success in Namibia thus far," concludes O'Carroll. "Companies that can demonstrate their ability to work within a budget and complete projects within time constraints will have the upper hand in winning tenders."
MORE DEVELOPMENT NEWS
China donates $800,000 in solar street lights to KCCAThe Chinese government has officially handed over solar street lamps to Uganda’s KCCA at a ceremony at the Kampala Serena Hotel. Read More
Samsung volunteers build homes in MalawiA team of 28 Samsung volunteers rolled up their sleeves to construct three homes, a computer lab and a solar-powered cinema for the village in the area of Traditional Authority Tsabango in Lilongwe District, Malawi. Read More
Schneider Electric backs winning solar projectsThe “Rhome for DenCity” and “Phileas” projects sponsored by Schneider Electric have won the 1st and 2nd prizes at the Solar Decathlon Europe 2014. Read More
Chinese Embassy provides ICT Lab for school in Volta RegionThe Chinese Ambassador to Ghana has donated an ICT laboratory to HO Bankoe Philip-Akpo Memorial Junior High School (JHS) in the Volta Region of Ghana. Read More
AfDB strategy focuses on human capital development across AfricaThe Board of Executive Directors of the African Development Bank Group (AfDB) says its new Human Capital Strategy for Africa paves the way for Bank investments in areas such as education, skills development, health, science and technology. Read More
Botswana college signs MoU with SwazilandThe Ministry of Health of the Kingdom of Swaziland has signed a Memorandum of Understanding with Botswana’s Boitekanelo College to formalise bilateral cooperation. Read More
SAP takes steps to empower millennials at SACLA 2014SAP Africa will today be represented at SACLA (the southern African Computer Lecturers Association) 2014 event, which is being hosted by the Nelson Mandela Metropolitan University in South Africa. Read More
Canon SA expands solar projectOver 250 needy residents in the South African communities of Orange Farm, Khatorus and New Jerusalem will soon benefit from the free, unlimited and clean power of the sun to light-up their homes thanks to the CANON Segametsi SOLAR Light Project 2014. Read More
MTN Cameroon wraps up 21 days of Y’ello careThe curtains were drawn on the eighth edition of 21 Days of Y’ello Care last Saturday, with the conviction of all MTN Cameroon staff that their contribution to promote education for all will really change lives. Read More
ITU Telecom World 2014 outlines forward-looking agendaForum discussions at the upcoming ITU Telecom World 2014 event in Doha, Qatar, will delve deep into the driving forces behind the ongoing radical transformation of the ICT industry. Read More
FEATURED STORYWidening ICT skills gap: Cause for concern
Nigeria's FDI gains could be eroded by the widening gap in indigenous skilled ICT manpower, writes Kokumo Goodie.
BEST READ NEWS
IN DEPTHKenya rolls out e-extension to improve agriculture
In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.