UN Tourism has offered its “Tourism Doing Enterprise” tips, targeted 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 progress within the years forward.
Namibia: A thriving tourism ecosystem
Namibia, identified for its breathtaking landscapes and wealthy cultural heritage, is poised for vital progress in tourism funding. With its distinctive positioning as a gateway to Southern Africa, the nation affords a various array of sights, from the enduring dunes of Sossusvlei to the exceptional wildlife of Etosha Nationwide Park. In accordance with UN Tourism’s tips:
Namibia has demonstrated regular financial progress and stability. In 2024, the nation recorded GDP progress 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 progress 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 embody China (29.6%), South Africa (22.4%), the UK (9.4%), and Mauritius (6.8%).
UN Tourism Secretary-Normal Zurab Pololikashvili says: “Namibia’s numerous funding alternatives and its dedication to sustainable progress make it an fascinating vacation spot for international investments. The nation’s efforts in vitality transition and tourism growth mirror its dedication to innovation and inclusivity.”
Highest degree political help 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-Normal Pololikashvili was honored to attend the Inauguration of H.E Dr. Netumbo Nandi-Ndaitwah as Namibia’s fifth President, and the primary girl to carry the workplace. The inauguration coincided with celebrations of the thirty fifth Anniversary of Independence for the nation.
Secretary-Normal Pololikashvili additionally delivered a Keynote Tackle on the Namibia College of Science and Know-how as a part of a special occasion targeted 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).
