Infrastructure boom for Namibia
DEVELOPMENT| 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
Social Entrepreneurs provide sustainable solutions for Africa’ development priorities - ReportIs social entrepreneurship the new face of development? A recent impact report released by Reach for Change suggests it might be. Read More
Dimension Data, Cisco to protect rhino by tracking peopleIn a bid to reduce rhino poaching in South Africa, Dimension Data and Cisco will leverage technology to proactively intervene and stop people entering game reserves illegally. Read More
Global partnership launches programme to save children affected by HIV in LesothoMobile technology will be harnessed to help Lesotho combat the impact of HIV in a new global partnership programme. Read More
Rockefeller Foundation funds nonprofit bringing online business course to AfricaIn May, the Center for Global Enterprise (CGE) will offer a unique online course designed to provide practical management expertise in emerging platform business models opening up new opportunities across Africa and the global economy. Read More
Ethiopia gearing up to transform education through technologyMicrosoft and the Ministry of Education in Ethiopia are coming together to transform education, further innovation and develop employability. Read More
Next Einstein Forum launches global call for a new era in science and technology in AfricaThe Next Einstein Forum has launched a global call for support for Africa’s scientific and technological emergence. Read More
MTN Ghana rewards Heroes of Change for their selfless actsMadam Paulina Opei, Founder of “Save our Lives Orphanage” and a trained nurse was crowned the overall winner of the MTN Heroes of Change Season II at the Accra International Conference Centre. Read More
Egypt to launch digital hub to help Africa better track and control disease outbreaksA new African Health Data and Disease Control Hub will serve as a data, information and communication portal for African citizens, governments and institutions. Read More
MTN Ghana set to collect 1,700 pints of blood for National Blood BankGhanaians from all walks of life trooped to the various MTN’s “Save a Life” campaign blood collection centre across the country to donate their blood to support the National Blood Bank. Read More
Love comes to pupils of Tigo’s Shelter 4 Education ProjectValentine’s Day came early for the pupils and teachers of Obeng Yaw Basic School in Adeiso, and Tupaa MA Basic School in Ga South Municipality. Read More
FEATURED STORYCriticism over Remita borne out of ignorance, says SystemSpecs
The CEO of SystemSpecs, the company behind the revenue-saving Nigerian Single Treasury Account (TSA) system, speaks to Biztechafrica.
BEST READ NEWS
IN DEPTHIBM Opens First Cloud Data Centre in South Africa
IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.