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.

  • 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 »

  • 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 »

  • 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 »

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