Big names want big land

CATHERINE SASMAN Several well-known people want to set up shop at the small town of Okakarara after the town council indicated that it wants to attract more investment.Earlier this month the municipality invited objections to the selling and leasing by way of private treaty of 30 plots. The deadline for objecting to these transactions is 29 March.One of the potential investors is a Chinese company registered as Sino Nami Development CC, belonging to a certain Clark Qiao who has applied to lease 50 hectares of virgin land from the municipality.There was no answer at the Okakarara municipality on Monday and it could not be ascertained for what purpose the Chinese company wants to lease such a large plot.A Google search indicates that Clark Qiao is the president of the construction company Qingdao Construction (Namibia) CC, which has been awarded multi-million-dollar government construction contracts.Upon enquiry, however, staff at the construction company said the Qiao associated with Qingdao Construction knew nothing about a land transaction with the Okakarara municipality.The municipality intends to lease the property at N$4 000 per square metre.Another large piece of land covering 43 hectares is to be leased to Eben-Ezer Karokohe, and a 20-hectare plot is to be leased by Arnold Hindjou at N$2 500 per square metre. Gabes Hikuama intends to lease 10 hectares at N$1 500 per square metre.Former Swapo MP Kazenambo Kazenambo, who owns large tracts of land in other towns, wants to buy five hectares in a business zone for N$3 million.Brahman stud farmer Justus Tjirimuje wants to buy 25 hectares of land for N$15 million. Northern businessman Benson Zaaruka intends to buy an “open space” of 23 908 square metres for an undisclosed purpose for N$357 000.Standard Bank’s chief executive officer Vetumbuavi Mungunda intends to buy 32 680 square metres at N$1.1 million in a business zone.The academic Phanuel Kaapama, as Anangwe Marine Harvesting & Processing, intends to buy a business plot of 1 955 square metres for N$68 775. Former Nudo politician Benestus Kandundu is prepared to pay N$900 000 for a business plot of 1 500 square metres.

Big names want big land

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Namibian Sun 2026-11-13

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Big names want big land

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Namibian Sun 2026-11-13

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