Project Key Objectives

Objectives of the project: Karibib Local Economic Development Strategy

The objective of the project is to develop a comprehensive and detailed LED Strategy for

Karibib. The project will achieve this ambition by identifying specific factors that impact on

quality of business attraction, growth and retention, and will put forth strategies for programme

enhancement, community-building and policy accomplishment.

Questions to be answered:

What are the laws, policies, rules, regulations and programs (national, regional and local) regarding Local Economic Development in Namibia?

Which ones can be adapted for Karibib, and which ones need to be prioritized?

What is the current status quo of economic development in Karibib, and of general development of the town (infrastructure, facilities, other)?

What are the comparative advantages of Karibib, and which of those can be turned into competitive advantages, and how?

Develop an implementation plan with clearly defined time lines and responsibility areas for all identified LED priorities, as well as for other development priorities which have an impact on LED. Identify funding options for the identified priority areas/ partnership and joint ventures.

Make a SWOT Analysis of the current economic development situation in Karibib. This shall include other developments (infrastructure, facilities) which have an impact on LED in Karibib.

Compile all findings in a report, which shall later form part (A) of the LED Strategy.

Discuss the report with the Town Council and amend if need be.

Objectives of the project: Karibib Investment Policy

To develop a comprehensive and guide for assisting those interested in investing and doing

business in Karibib.

Questions to be answered:

What can Karibib do to improve on its’ overall situation (infrastructure, facilities,

investment climate etc.)?

What are the current Investment efforts of Karibib?

What are potential resources/comparative advantages / investment areas? Are there

innovative ideas? Where are opportunities for value-chain-development? What can be

done in the field of investment?

What needs to be done by the Town Council and other stakeholders to bring the

comparative advantages and opportunities in a marketable condition / turn them into

competitive advantages?

SWOT Analysis on identified resources / advantages / opportunities / investment areas

Identify Investment Priorities (e.g. eco-tourism, agriculture & agro-processing, goods &

services, manufacturing & light industrial, green sector, l (recycling, renewable energies

...), transport & logistics etc.).

Identify infrastructure development needs (land, health, educational, recreational, roads,

housing etc.) which have an impact on the Investment Activities in Karibib Town

Suggest beneficial marketing & networking activities for Karibib.

Develop an implementation plan with clearly defined time lines and responsibility areas

for all identified Investment priorities, as well as for other development priorities which

have an impact on Investment. Identify funding options for the identified priority areas/

partnership and joint ventures.

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