On Tuesday, Oshikoto governor Sacky Kathindi officially opened the third edition of the Omuthiya Business Expo. The event, which started on Monday, will conclude on Saturday. Over 130 exhibitors are showcasing their products and services at the expo. Kathindi emphasized the importance of the event as a platform to showcase local products, forge partnerships, and drive economic advancement in the region.
The Oshikoto governor highlighted the critical role of micro, small, and medium enterprises (MSMEs) as the backbone of the region's economy. He noted that MSMEs create employment and support household incomes. Kathindi called for a strategic shift beyond basic trading toward value addition, processing, manufacturing, and robust local supply chains to drive economic growth.
Omuthiya serves as an urban center and a connectivity hub in northern Namibia, holding potential for regional development. The governor emphasized the need for effective partnerships between local authorities, regional councils, financial institutions, and corporate entities to build critical infrastructure such as industrial parks, warehousing, and logistics centers.
The expo provides an opportunity for local businesses to showcase their products and services, and for stakeholders to discuss ways to drive economic growth in the region. The event aims to promote entrepreneurship, innovation, and job creation. By bringing together exhibitors, investors, and stakeholders, the expo seeks to facilitate partnerships and collaborations that can drive sustainable economic development.
According to the governor, the development of critical infrastructure is crucial to unlocking the region's economic potential. He stressed the need for collaboration between stakeholders to address the infrastructure gap and create an enabling environment for businesses to thrive.
The Omuthiya Business Expo has become an annual event, providing a platform for local businesses to showcase their products and services. The event has grown in size and scope over the years, with this year's edition featuring over 130 exhibitors. The expo has become a key event in the region's economic calendar, promoting entrepreneurship, innovation, and job creation.
The governor's call for partnerships and collaborations is seen as a key step towards driving economic growth in the region. By working together, stakeholders can address the challenges facing the region and create opportunities for sustainable economic development. The expo will continue to play a critical role in promoting economic growth and development in the Oshikoto region.
Key points
- Oshikoto governor Sacky Kathindi opens the 3rd Omuthiya Business Expo to promote local products, partnerships, and economic growth.
- The expo features over 130 exhibitors showcasing their products and services.
- The governor calls for partnerships to build critical infrastructure and drive economic growth in the region.