Infrastructure finance marketing in Namibia
Vektron Merchants finds infrastructure projects, sponsors and public owners in Namibia for lenders, investors and contractors that want to finance or build there. We confirm the first meetings and plan the visit.
What does infrastructure finance marketing in Namibia involve?
Namibia uses a PPP law and state institutions to bring private money into ports, logistics and power. The Walvis Bay Industrial Development Initiative, which covers a new container terminal, a single window for trade and a special economic zone, began with a call for partners. Infrastructure finance marketing in Namibia means finding the projects and sponsors that match the client's mandate and reaching the people who control them.
Who are the main counterparties in Namibia's infrastructure finance sector?
The Public-Private Partnership Act 4 of 2017 set up a PPP Committee and a PPP Unit under the Ministry of Finance. The Development Bank of Namibia (DBN) is a state development finance institution. The Namibia Investment Promotion and Development Board (NIPDB) promotes priority projects, and Namport, the port authority, took the Walvis Bay initiative to its next stage.
What a foreign company needs to prepare in Namibia
A PPP follows the procedure in the 2017 Act, with approvals through the PPP Committee. A lender or contractor should know whether a project is a PPP, a port authority project or a private deal, because each has its own decision makers.
What Vektron does, and what the client keeps
We build a list of projects, sponsors and public owners that fit the client's mandate and check each against public records and sanctions lists. Our staff reach the sponsors and project directors, confirm meetings in Windhoek or Walvis Bay, prepare the visit plan and introduce local advisers. Credit decisions, due diligence, legal advice, term sheets, negotiation and contracts stay with the client.
Questions
Does Namibia have a PPP law? Yes. The Public-Private Partnership Act 4 of 2017.
Who runs PPPs in Namibia? The PPP Unit and the PPP Committee, under the Ministry of Finance.