The Environmental Investment Fund of Namibia (EIF)’s project proposal to establish a Green Industrial Zone has advanced to the final stage of consideration, with approximately N$625 million in funding under the Mitigation Action Facility (MAF).
A green industrial zone is an area specifically designed and managed to minimize environmental harm and maximize resource efficiency by integrating sustainable practices.
According to the spokesperson of EIF, Romeo Muyunda, the Fund’s proposal to establish Namibia’s first Green Industrial Zone is among the top 20 shortlisted from the over 500 global submissions worldwide, positioning Namibia at the forefront of sustainable industrial
development.
Submitted in July 2025, Muyunda said that the project proposal underwent a rigorous virtual assessment in August, with a final board decision expected in October.
“If approved, the funding will be transformative, driving low-carbon industrialization, creating green jobs, and strengthening Namibia’s transition to a sustainable economy.”
Muyunda said that the EIF has already acquired land for the development of the Green Industrial Zone project at farm 58 in the Erongo Region.
He said that once developed, the proposed Green Industrial Zone will serve as a hub for green industries, hosting a diverse range of activities, including but not limited to renewable energy, sustainable manufacturing, clean tech industries, natural resources value chain development, and other activities that reduce the impact of climate change.
Fully aligned with Namibia's Sixth National Development Plan (NDP6), the project will also make a direct contribution to Namibia’s Nationally Determined Contributions (NDCs) under the Paris Agreement.
“This is not just a project; it is a bold step for Namibia. It demonstrates our readiness to pioneer a new model of industrialisation—one that places sustainability, innovation, and people at the center,” said EIF CEO Benedict Libanda.
The project is being advanced in partnership with the Namibia Green Hydrogen Programme and the United Nations Industrial Development Organization (UNIDO), underscoring Namibia’s collaborative approach to climate-smart development.
Myunda said that if successful, the N$625 million investment will mark a turning point in Namibia’s journey to becoming a regional hub for green industrial transformation, setting an example for Africa and beyond.
A green industrial zone is an area specifically designed and managed to minimize environmental harm and maximize resource efficiency by integrating sustainable practices.
According to the spokesperson of EIF, Romeo Muyunda, the Fund’s proposal to establish Namibia’s first Green Industrial Zone is among the top 20 shortlisted from the over 500 global submissions worldwide, positioning Namibia at the forefront of sustainable industrial
development.
Submitted in July 2025, Muyunda said that the project proposal underwent a rigorous virtual assessment in August, with a final board decision expected in October.
“If approved, the funding will be transformative, driving low-carbon industrialization, creating green jobs, and strengthening Namibia’s transition to a sustainable economy.”
Muyunda said that the EIF has already acquired land for the development of the Green Industrial Zone project at farm 58 in the Erongo Region.
He said that once developed, the proposed Green Industrial Zone will serve as a hub for green industries, hosting a diverse range of activities, including but not limited to renewable energy, sustainable manufacturing, clean tech industries, natural resources value chain development, and other activities that reduce the impact of climate change.
Fully aligned with Namibia's Sixth National Development Plan (NDP6), the project will also make a direct contribution to Namibia’s Nationally Determined Contributions (NDCs) under the Paris Agreement.
“This is not just a project; it is a bold step for Namibia. It demonstrates our readiness to pioneer a new model of industrialisation—one that places sustainability, innovation, and people at the center,” said EIF CEO Benedict Libanda.
The project is being advanced in partnership with the Namibia Green Hydrogen Programme and the United Nations Industrial Development Organization (UNIDO), underscoring Namibia’s collaborative approach to climate-smart development.
Myunda said that if successful, the N$625 million investment will mark a turning point in Namibia’s journey to becoming a regional hub for green industrial transformation, setting an example for Africa and beyond.
