Staff Reporter
WINDHOEK Mayor, Councillor Ndeshihafela Larandja, recently held a meeting with internal stakeholders to discuss the current status of the Ramatex property before engaging external parties.
As many may recall, Ramatex, spanning approximately 43 hectares, was originally leased under a 99-year agreement, which ended in 2008 after the company went into provisional liquidation.
Since then, the City and the liquidators have been involved in a lengthy legal process, which has now been resolved.
According to the settlement, the liquidator was given three years to remove the existing warehouse and restore the land to its original condition, failing which, the Council can step in and appoint a contractor to remove the warehouse.
With the deadline now passed, the City is reviewing the current state of the property and exploring new opportunities to transform Ramatex into a vibrant industrial or commercial hub. The land, owned by the City of Windhoek, holds great potential to create jobs and generate much-needed revenue for the City.
Following internal consultations, the Mayor and City officials also listened to development proposals specifically focused on the Ramatex property, submitted by various interested business entities. Thereafter, a site inspection was conducted to assess the area’s current state and potential.
While no final decisions have been made, these engagements are an important step toward unlocking the economic potential of Ramatex.
