Spotlight on financing water infrastructure

17 July 2019 | Infrastructure

Global and local experts are converging in Windhoek this week for a roundtable discussion on financing water projects.

The event is initiated by Open Africa and will officially be opened by water minister Alpheus !Naruseb tomorrow.

The water ministry has allocated 25% (about N$490 million) of its annual budget in the current financial year to developing water infrastructure. According to the organisers, the event is designed to focus on the building and maintaining of 'best-in-class' water assets across the country.

The roundtable discussion will provide the ministry and government with a specialist industry platform to illustrate how the national water sector will be developed over the next five to 10 years. The roundtable will cover a full range of issues connected with the preparation and delivery of water-related infrastructure, both in Namibia and abroad. The event will draw on proven regional strategies that effectively facilitate the integration of public sector resources and private sector financing to develop water infrastructure and build resilience through better water management.

A key focus of the event will be on appropriate financing mechanisms, in particular public-private partnerships to procure and develop major water projects and services. The speakers will include renowned experts such as Walid Madwar, the vice-president responsible for business development at Metito Utilities, as well as Archie Chiromo, the principal investment officer at the African Development Bank (AfDB). NamWater CEO Abraham Nehemia, as well as local and international water treatment consultants, will also address the event.



STAFF REPORTER

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