Jobs Boost as Opel, Peugeot Start Assembling Cars in Namibia
President Hage Geingob has reaffirmed his commitment and effort to attract foreign direct investment with the establishment of the first-ever vehicle assembly plant in the country at a time when Namibia still faces challenges of poverty eradication and employment creation. According to a Business Day report, South Africa wants the Namibian government to explain the multi-million dollar Peugeot assembly plant deal to make sure it does not breach the Southern African Customs Union - an international union which allows tariff-free trade between member nations.
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Namibia:
Geingob Drives First Car Off Peugeot's Belt
New Era, 6 December 2018
Government's commitment and effort to attract foreign direct investment was reaffirmed yesterday when President Hage Geingob took the first locally assembled Peugeot 5008 on a test… Read more »
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Namibia:
Geingob Opens Peugeot Plant At Coast
Namibian, 5 December 2018
The N$190 million Peugeot Opel assembly plant at Walvis Bay was officially opened on Wednesday by president Hage Geingob. Read more »
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Namibia:
Share the Profits, Geingob Tells French Company
Namibian, 6 December 2018
President Hage Geingob yesterday told a French company that partnered with the Namibia Development Corporation on establishing the Peugeot assembly plant at Walvis Bay to share the… Read more »
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Namibia:
Embassy Enticed French Carmaker
New Era, 16 March 2018
The planned multi-million-dollar Opel and Peugeot vehicle assembly plant in Namibia has been in the pipeline for at least four years and was driven by Namibia's embassy in Paris… Read more »