Guangzhou, July 6 — China has called on its investors and business community to support Namibia’s industrialization agenda by investing in value addition and partnering in the development of local industries.
The call was made during the Guangdong Province Business Forum, where Chinese and Namibian business leaders met on the sidelines of President Netumbo Nandi-Ndaitwah’s State Visit to China.
China’s Ambassador to Namibia, H.E Zhao Weiping, urged Chinese companies to seize the opportunities presented by the growing economic partnership between the two countries.
“China-Namibia economic and trade cooperation is not only founded on a solid foundation but also enjoys enormous potential and broad prospects for development,” Zhao said.
He revealed that bilateral trade reached US$1.85 billion last year, representing a 35.7% increase compared to the previous year.
According to Zhao, China remains Namibia’s second-largest trading partner and its largest source of foreign direct investment, with total Chinese investment stock in Namibia reaching US$2.7 billion in 2025.
“There are currently more than 50 medium and large Chinese enterprises investing and operating in Namibia,” he said, while encouraging Chinese investors to align their investments with the Namibian government’s priorities, particularly in value addition, industrialization, and sustainable economic development.
Photo: Namibian Presidency
