Namibia: Glass Factory Could Create 40 000 Jobs

The long-awaited multi-billion dollar glass factory on the outskirts of the small village of Tses near Keetmanshoop was launched on Saturday.

The event saw hundreds of people gathered to witness the historic ground-breaking ceremony.  

The construction of the over 700 million US dollar factory (N$7 billion) , the first of its kind in Namibia, will start at the beginning of October and is expected to be completed in November next year.

The idea to set up a glass factory at Tses was born some two years ago when local entrepreneurs came together to brainstorm on the ambitious project.

Tses Glass Managing director Simon Kapenda told the enthusiastic audience that the project that could create some 40 000 direct and indirect jobs in twenty years, could be regarded as the future breadbasket of the Karas Region.

"Namibia will for the first time become a glass producing country where glass products will be locally produced," he said.

Kapenda said financing would come from local and German partners. The next step is to import the necessary building material for construction work to start in October, he said.

Read more here.

600450 Namibia: Glass Factory Could Create 40 000 Jobs glassonweb.com
Date: 17 June 2014
Source: www.allafrica.com

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