{"id":467407,"date":"2019-11-19T11:27:00","date_gmt":"2019-11-19T10:27:00","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=467407"},"modified":"2019-11-19T11:27:00","modified_gmt":"2019-11-19T10:27:00","slug":"namibia-dp-to-build-50-hectare-economic-hub-in-walvis-bay","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/11\/19\/namibia-dp-to-build-50-hectare-economic-hub-in-walvis-bay\/","title":{"rendered":"Namibia: DP to build 50-hectare economic hub in Walvis Bay"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>DP World will build a business park that will initially cover an area of \u200b\u200b50 hectares in the port city of Walvis Bay (Namibia).<\/p>\n<p>A preliminary agreement was signed between DP World, Dubai and the Nara-Namib Free Economic Zone, announced Tuesday, November 12, DP in a statement.<\/p>\n<p>According to the same source, &#8220;this park will be a&#8221; free economic zone &#8220;for industry and logistics. It could eventually spread over 1,500 hectares.<\/p>\n<p>DP also announced that it wants to reach a final agreement with Nara Namib in the second quarter of 2020.<\/p>\n<p>The port of Walvis Bay is an important logistics port in the Southern African region.<\/p>\n<p>Goods from Zambia, Angola, the Democratic Republic of the Congo, Botswana and Zimbabwe transit by sea at the port of Walvis Bay.<\/p>\n<p>For the record, an economic free zone has the major objective of attracting investors through a regulatory framework incentive including tax relief, customs, tax and social facilities.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>DP World will build a business park that will initially cover an area of \u200b\u200b50 hectares in the port city of Walvis Bay (Namibia). A preliminary agreement was signed between DP World, Dubai and the Nara-Namib Free Economic Zone, announced Tuesday, November 12, DP in a statement. According to the same source, &#8220;this park will<\/p>\n","protected":false},"author":536116,"featured_media":467411,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12026,12036],"tags":[15606,16284],"class_list":{"0":"post-467407","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-merchant-navy-fisheries","8":"category-sectors","9":"tag-namibia","10":"tag-walvis-bay","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Namibia: DP to build 50-hectare economic hub in Walvis Bay - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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