UN Tourism has offered its “Tourism Doing Enterprise” tips, centered on the alternatives for worldwide buyers in Namibia’s burgeoning tourism sector
“Tourism Doing Enterprise Investing in Namibia” goals to draw potential buyers and supplies important insights into the colourful alternatives inside Namibia’s tourism sector. The rules showcase Namibia’s distinctive cultural heritage, strong financial system, and supportive enterprise setting, highlighting areas of potential vital development within the years forward.
Namibia: A thriving tourism ecosystem
Namibia, identified for its breathtaking landscapes and wealthy cultural heritage, is poised for vital development in tourism funding. With its distinctive positioning as a gateway to Southern Africa, the nation affords a various array of sights, from the long-lasting dunes of Sossusvlei to the exceptional wildlife of Etosha Nationwide Park. In response to UN Tourism’s tips:
- Namibia has demonstrated regular financial development and stability. In 2024, the nation recorded GDP development of three.1%, which is projected to rise to 4.2% in 2025.
- The nation can also be rising as a tourism vacation spot. Namibia welcomed 863,872 worldwide guests in 202, an 87.4% improve on 2022
- The tourism sector contributed 6.9% to GDP, producing USD 348 million in worldwide tourism receipts in 2023.
- Namibia has skilled exceptional development in Overseas Direct Funding (FDI), with inflows reaching USD 2.61 billion in 2023—a big improve from USD 1.06 billion in 2022. Main contributors to FDI embrace China (29.6%), South Africa (22.4%), the UK (9.4%), and Mauritius (6.8%).
UN Tourism Secretary-Basic Zurab Pololikashvili says: “Namibia’s numerous funding alternatives and its dedication to sustainable development make it an fascinating vacation spot for world investments. The nation’s efforts in vitality transition and tourism enlargement replicate its dedication to innovation and inclusivity.”
Highest stage political assist for tourism in Namibia
The Funding Tips have been formally launched as a part of a go to by the UN Tourism management to Namibia. In Windhoek, Secretary-Basic Pololikashvili was honored to attend the Inauguration of H.E Dr. Netumbo Nandi-Ndaitwah as Namibia’s fifth President, and the primary lady to carry the workplace. The inauguration coincided with celebrations of the thirty fifth Anniversary of Independence for the nation.
Secretary-Basic Pololikashvili additionally delivered a Keynote Handle on the Namibia College of Science and Know-how as a part of a special occasion centered on harnessing the facility of expertise to construct a extra inclusive and resilient tourism sector throughout Africa.
Distributed by APO Group on behalf of World Tourism Group (UN Tourism).