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Key HPPII projects will unlock billions

Key HPPII projects will unlock billions

Niël Terblanché

 

THE second evolution of the Harambee Prosperity Plan (HPPII) will prioritize efficient curatorship over natural resources and public assets to maximize economic yield that would be reinvested in building resilience in the Namibian Economy.

 

President Hage Geingob officially launched the HPPII during a special briefing in State House and said the government can only achieve the goals set out in the plan if it commits to strengthening its Effective Governance Architecture through responsive processes and systems and accountable institutions that deliver quality public services.

 

Geingob said that the HPPII, like its predecessor, retains the five core pillars of Effective Governance, Economic Advancement, Social Progression, Infrastructure Development, and International Relations and Cooperation.

 

“The Plan is committed to the establishment of a Sovereign Wealth Fund, to review legislation in favour of regulations that facilitate business rescue to assist businesses that are in financial difficulties as a result of the COVID-9 pandemic, to raise N$3 billion through the sale of shares in MTC, to create employment opportunities for Namibians through specific projects, and to become the first African country to achieve carbon neutrality and utilize the African Continental Free Trade Area to export clean energy to our neighbours,” he said.

 

The President identified the construction of a new desalination plant, the expansion of electricity generation capacity, and to optimisation of the Walvis Bay Container Terminal along with the establishment of a Free Economic Zone as key enabling infrastructure projects that will be prioritised by the Plan.

 

Geingob said Namibia entered a period of great opportunity and he invited investors to partner with the government in the construct and delivery of these transformative initiatives that have the potential to transform the country for generations to come.

 

“Our objective is to unlock targeted projects worth approximately N$27 billion,” he said.

 

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Geingob said that the time has come to build an economy that is inclusive and where growth is shared.
President Geingob’s full address during the official launch of the second evolution of the Harambee Prosperity Plan reads as follows:

As we enter the second year of the fourth decade of our independence on 21 March 2021, which coincides with the implementation of the Harambee Prosperity Plan II (2021-2025), it is self-evident that the journey of Namibia is one of hope, resilience, and progress. During the past 31 years, we have taken the necessary actions to transform our economy through the establishment of a robust, Effective Governance Architecture. These decisive actions have paid dividends. As a result, many positive signs have emerged to enable Namibians to look into the future with renewed hope and determination towards a new frontier of prosperity.

Today, we are launching the second Harambee Prosperity Plan, under the current difficult conditions imposed by COVID-19. The launch is a clear demonstration of our resilience and faith in the continuity of the Namibian journey of peace, democracy, prosperity; and our intent to redress the negative impacts of the virus.

The Plan retains the five core pillars of Effective Governance, Economic Advancement, Social Progression, Infrastructure Development and International Relations and Cooperation.

I believe strongly that history is the best teacher and every resilient nation must learn from its past, its lived experiences, which includes victories and setbacks, in order to face the future with renewed hope and confidence. It is why, based on lessons learned from the implementation of the first Harambee Prosperity Plan, we have identified throughout the pillars, the need for improved focus and coordination; deeper collaboration and partnerships; and a collective sense of urgency to deliver on our desired outcomes.

The Harambee Prosperity Plan II will be executed in the context of the global COVID-19 pandemic and the resultant health, social and economic crises. Thus far, the Government executed a fine balancing act of safeguarding Namibian lives, whilst mitigating the worst impacts on the economy.

In light of COVID-19 and other socio-economic challenges, the Harambee Prosperity Plan II presents an opportunity to build on the legacy of the past three-decades and guarantee a more secure future through resilient processes, systems and institutions.

The Harambee Prosperity Plan II is premised on EFFECTIVE GOVERNANCE as an enabler of socio-economic development. Through the HPPII roadmap, I am confident that Namibia will strengthen its Effective Governance Architecture through responsive processes and systems, and accountable institutions that deliver quality public services.

ECONOMIC ADVANCEMENT is a prerequisite for poverty eradication. In that vein, the Harambee Prosperity Plan II contains a blend of new opportunities propelling us closer towards our goal of becoming an industrialized nation. Moreover, the Plan also prioritizes the need to better curate our natural resources and public assets, in order to maximize their economic yield.

Harambee Prosperity Plan II commits to deliver the following key reforms:

1. The Government will establish a Sovereign Wealth Fund;

2. COVID-19 disrupted supply chains and demand which led to the closure of businesses. The Government commits to review legislation in favour of regulations that facilitate business rescue to assist businesses that are in financial difficulties.

3. As part of the review of the Public Enterprises ownership policy, the Government will list MTC shares with the aim of raising at least 3 billion Namibian Dollars; and

4. Employment creation is a core objective of the Plan. Through projects outlined in HPPII, we aim to create new jobs for Namibians.

5. Given our world-class renewable energy resources, Namibia will develop a national strategy for developing Green Hydrogen and Ammonia. As we pursue this strategy, we have the opportunity to become the first country in Africa to achieve carbon neutrality and utilize the African Continental Free Trade Area to export clean energy to our neighbours.

Our reforms will be accompanied by our objective of delivering the following key enabling infrastructure projects:

a. Construct a new desalination plant in the Erongo Region to enable the expansion of economic activities in the mining sector.

b. Expand our local generation capacity by 250MegaWatts, in order to power the recovery.

c. Optimize the operation of the Walvis Bay Container Terminal and establish an Economic Free Zone.

This is a period of great opportunity and we thus invite investors to partner with the Government, in the construct and delivery of these transformative initiatives encapsulated in the Plan, which have the potential to transform our country for generations to come. Our objective is to unlock targeted projects worth approximately N$27 billion.

SOCIAL PROGRESSION requires sustained investments. However, a society that does not care for the vulnerable or invest in social progression will leave many behind. In light of our history of systemic exclusion, we will continue to make the necessary investments in improving our health and education systems, whilst strengthening our social protection mechanisms.

INFRASTRUCTURE DEVELOPMENT is a catalyst for industrialisation and economic growth. Therefore, in an environment where resources are scarce, sustainable public-private partnerships are essential to fully leverage and deliver key infrastructure projects to spur economic growth and to realize the goal of positioning Namibia as a logistics hub with attractive world-class facilities.

Our INTERNATIONAL RELATIONS AND COOPERATION is anchored on Namibia as a product of international solidarity, midwifed by the United Nations.

As a consequence, we will continue to be guided by the values of justice and solidarity, whilst reaffirming our commitment to multilateralism as the best guarantor for a healthier and safer planet. In the Harambee Prosperity Plan, we will strengthen Inter-Ministerial coordination to enable our global diplomatic footprint of missions and embassies to play a pivotal role in economic diplomacy to attract investments and grow our exports as a means to grow the economy in order to create employment, thereby eradicating poverty. We cannot achieve the goal of a prosperous Namibia, if we do not deepen regional integration and Pan-African solidarity.

For this reason, our goals for a prosperous and inclusive Namibia will remain closely aligned with the plans of the Southern African Development Community (SADC) and Agenda 2063: The Africa We Want of the African Union.

Plans require diligent execution. Notwithstanding an execution rate of 74% for HPPI, valuable lessons have been learned in the process. One such key lesson is the need to establish a Performance Delivery Unit to improve execution, monitoring and evaluation, and reporting on all deliverables during HPPII. This will ensure that set goals and objectives are indeed met and that the reporting stays closely aligned to outcomes that impact in a tangible way on the lives of citizens.

The Harambee Prosperity Plan II is a product of intensive countrywide consultations with diverse constituencies of our country. The Plan is informed by prioritised commitments from the 2019 SWAPO Party Manifesto; the 5th National Development

Plan; recommendations from the High-Level Panel on the Namibian Economy

(HLPNE); the African Union Agenda 2063: The Africa We Want; the United Nations Sustainable Development Goals; and importantly, contributions by citizens from the length and breadth of our country during the 2019 Town Hall Meetings. Through these participatory Town Halls which lasted on average 6 hours per meeting, Cabinet

Ministers and myself, listened to the inputs of citizens and also to provide feedback where necessary.

The Plan also benefited immensely from enriching consultations held between July 2020 and March 2021 with political parties, civil society, the business community and academia. This inclusive process makes the Harambee Prosperity Plan II a truly Namibian document, which should be owned by each and every citizen.

I recognize the urgency with which we have to deliver tangible improvements in the lives of all citizens. To realize this shared aspiration, I call on the commitment of all Namibians to work towards an inclusive, tolerant, resilient and prosperous society.

A society where citizens are loyal to their country and the Government is loyal and dedicated to serving their needs. As Namibians, let us hold hands to deliver on the commitments of the Harambee Prosperity Plan II (2021-2025) with utmost allegiance and enthusiasm.

Now is the time to hold hands and build an economy that is inclusive and where growth is shared. Together, we should continue with the work of building a society in which all Namibians pull together to fight against poverty, corruption, inequality, Gender-Based Violence and other social ills. This call is consistent with our motto of ‘No Namibian Should Feel Left Out’.

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