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
Kenya Power eyes fibreglass poles to lower electricity transmission costsKenya Power plans to roll-out fibreglass poles in place of wooden poles, to reduce the cost of maintenance. Read More
MWH Global names Ethiopia Country ManagerMWH Global has hired Moghes Ayalew Mekonen as the country manager for its operations in Ethiopia. Read More
Can technology help keep the lights on in Africa?By using modern ICT tools smartly, energy utilities could be keeping the lights on, says Ashley Boag, Head: Energy and Natural Resources at SAP Africa. Read More
Samsung hands over Digital Village in SASamsung Electronics has officially handed over a Digital Village at Cosmo City in South Africa, to provide the community with much-needed education and health services. Read More
World Bank approves DRC hydropower grantThe World Bank has approved a $73.1 million grant to the Democratic Republic of Congo for the Inga 3 Basse Chute (BC) and Mid-size Hydropower Development Technical Assistance Project. Read More
$870m financing agreements signed for biggest clean energy project in AfricaThe Lake Turkana Wind Power Project meant to add an existing 300MW of reliable, low cost wind energy to the national grid of Kenya reached a critical milestone following the signing of the financial agreements in Nairobi, Kenya. Read More
SEFA, partners launch clean energy competitionThe Sustainable Energy Fund for Africa is co-organising the Africa Forum for Clean Energy Financing (AFRICEF-3) Business Plan Competition to identify and nurture companies with green ambitions in Africa, and serve as a conduit between them and financiers. Read More
Education summit to focus on infrastructureThe West and Central African Research and Education Network (WACREN) conference 2014, takes place in Lome, Togo, this week. Read More
Samsung solar powered internet school for DRCA Solar Powered Internet School handed over in Kinshasa is expected to improve learning and education through the use of ICTs. Read More
FEATURED STORYKenyan shift to Green Economy would generate USD 45bn by 2030
Kenya’s transition to a green economy could produce major economic benefits equivalent to an estimated USD 45 billion by 2030, a new study shows.
BEST READ NEWS
IN DEPTHE-waste threatens Ghana’s beaches
Many beaches in Ghana, already stressed by pollution and poor maintenance, are now facing a new threat: e-waste.