Infrastructure boom for Namibia

DEVELOPMENT

|
Image: By Namibia tourism
Infrastructure boom for Namibia

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."



Share the News

Get Daily Newsletter

Search News

comments powered by Disqus

MORE DEVELOPMENT NEWS

Networks Unlimited continues to give back

Commemorating Nelson Mandela Day, Networks Unlimited, a value-added distributor, donated blankets to the South African Family Relief Project (SAFRP).  Read More

Bocodol Strategy 2020 to advance technology uptake

The new 2016 to 2020 Botswana College of Distance and open Learning Strategic Plan is a testament of the institution’s move towards an embedded e-learning regime.  Read More

Equity of trust essential for improving productivity – Tigo Barcamp 2016

Ghana’s digital lifestyle brand, Tigo, has urged young entrepreneurs and graduates to establish trust in their profession in order to boost productivity.  Read More

Entrepreneurship programme targets 5,000 students

Enactus Kenya director James Shikwati, Dr Risper Orero and Prof Edwin Wamukoya Enactus Kenya, an organization that promotes entrepreneurship among youth, aims to empower 5,000 students in Kenya with business leadership skills.   Read More

Ericsson Networked Society City Index 2016 measures ICT maturity in Johannesburg and Lagos

Although starting at a low level, Johannesburg and Lagos are progressing in all ICT dimensions of the Ericsson Networked Society City Index.   Read More

Etisalat: Manpower development vital to sustaining telecoms revolution gains

Etisalat says continuous development of indigenous skilled manpower is central to the sustainable growth of the telecoms industry. Read More

Networks Unlimited provides learnerships to 100 ICT students

Anton Jacobsz, MD Networks Unlimited with Ingrid Mulaudzi, Networks Unlimited Marketing Intern One hundred technical students are set to graduate from an immersive, 12-month learnership programme within Networks Unlimited, with the skills, experience and certifications needed to kick-start their careers.   Read More

MTN half-marathon raises funds for ICT in education

MTN’s third edition of the annual MTN 21km half-marathon has been growing steadily since inception and this year the race has boasted just over 6100 participants.  Read More

IFC, CGAP, SECO to launch Ghana Digital Financial Services Initiative

The International Financial Corporation (IFC), a member of the World Bank Group, in partnership with the State Secretariat of Economic Affairs of Switzerland, SECO, and the Consultative Group to Assist the Poor, CGAP, will be launching a US$5.6 million Ghana Digital Financial Services Initiative in Accra.  Read More

MTN employees mark 10 years of volunteerism in their communities

MTN has kicked off the tenth edition of its flagship annual employee volunteerism programme, 21 Days of Y’ello Care. Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks UnlimitedArbor NetworksEricssonTigo Ghana

FEATURED STORY

First-ever Africa Barclays Accelerator programme concludesFirst-ever Africa Barclays Accelerator programme concludes

Ten fintech companies have concluded the first-ever Barclays Accelerator, powered by Techstars in Africa.

 

IN DEPTH

Ethical Hacking students can’t get a heck of a jobEthical Hacking students can’t get a heck of a job

Botswana ethical hacking students report that they are failing to break into the local job market.