Red Tape Costs Namibia Major Shipyard Project
Economists have long warned about structural inefficiencies and delays which hamper investment. Now President Netumbo Nandi-Ndaitwah has confirmed that Namibia lost the proposed N$13 billion shipyard project by Tridock Shipyard Namibia entirely due to prolonged administrative drag, red tape, and systemic delays within government processes. The investors behind the N$13 billion shipyard […]