INCENTIVES

Manufacturing and Export 



Further to the time savings are the extensive tax benefits that Namibia has to offer. In 1996 the Namibian Government adopted a policy as a means of incentivising industries. The establishment of Export Processing Zones (EPZ) within the country resulted in Namibia offering the opportunity as a tax haven for export-oriented manufacturing enterprises. SUNGATE is the ideal location for an EPZ enterprise. EPZ incentives apply to companies which complete most of the production of their products for exportation on Namibian soil, earn foreign exchange and employ Namibians. 

Namibia also offers special incentives to both manufacturers and exporters, introduced by the government in a bid to stimulate economic growth and increase employment. Specifically designed for businesses whose primary target markets are the Southern African Customs Union (SACU), these benefits also extend to those companies that export products outside the SACU market. Along with such incentives, the country's economic and political stability, as well as its excellent infrastructure, means that SUNGATE is perfectly suited to channel trade through Africa and beyond

PRODUCTS

Part of Namibia's economic growth depends on its ability to focus on the import and export industry by taking advantage of its strategic location and economic infrastructure. The various trade routes, originating within Namibia and leading into Africa, give the country a prime position in terms of importing and exporting. In turn, SUNGATE's location enables various industry sectors to take advantage of this key situation. 

Namibia's key exports are:

• Mineral products such as uranium, diamonds and precious stones
• Fish and fish products - Namibia's fishing industry ranks amongst the top ten in the world
• Meat and meat products with Namibian meat being unrivalled globally
• Leather, karakul pelts and handicrafts
• Beer, beverages, fruit, vegetables and chocolate