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Overview
The province of Namibe, which is in Zone C, spans 57,901 square kilometers (22,356 square miles) in the southwest region of Angola. It is situated along 480 kilometers (298 miles) of Atlantic coastline and has a population of 225,000 inhabitants. Namibe offers numerous opportunities for investment in the fishing, agriculture and livestock industries.
Namibe accounts for 65% of Angola’s fishing activity; potential projects related to this industry include refrigeration, canning and drying of natural resources harvested from the ocean. The rich soil in Namibe is well suited for growing a wide range of crops including potatoes, yams, mandioca and fruits. There is an abundance of available land for farming projects as well as opportunities to start companies for the processing of agricultural output.
Namibe has numerous primary schools; second- and third- level schools are in the capitals of each municipality. The standard of living is continually improving. The province has nearly 1,400 kilometers (870 miles) of primary and secondary roads, over 900 kilometers (559 miles) of railways, an international airport, many small aerodromes and two robust power sources.
Enhancing the infrastructure of Namibe is a priority. To improve travel in the province, the government is renovating secondary roads and has begun work on sections of the railway. Renovations of the railway drainage system and modernization of the train control system are underway. The government is also repairing power lines, renovating tubular wells and purchasing new fishing equipment to build a strong foundation for economic growth.
Investment Incentives for Namibe
- Customs Duties: Exemption from payment of customs duties and taxes for 6 years
- Industrial Tax: Exemption from payment of industrial tax for 12 years
Investment Opportunities
- Fishing and Fishing Derivatives
- Agriculture and Agriculture Derivatives
- Livestock
Namibe Quick Facts
Zone: C
Population: 225,000
Situated along 480 km (298 miles) of Atlantic Ocean coastline
Accounts for 65% of Angolan fishing activity
Nearly 1,400 kilometers (870 miles) of primary and secondary roads
One international airport and 20 small aerodromes
Located south of Benguela Province, west of Huila Province, east of the Atlantic Ocean and north of River Cunene and the Republic of Namibia
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