Nishimura Yasutoshi

Energy sector set for US$1.5B cash injection

Energy sector set for US$1.5B cash injection

Martin Endjala JAPAN’S Minister of Economy, Trade and Industry, Nishimura Yasutoshi says his country is willing to avail U$D 1.5 billion to support Namibia’s energy sector and human resources development. Yasutoshi made this announcement on Tuesday at the State House during the signing ceremony on economic ties between the two countries. He said the funds will also go towards the training of personnel in the rare earth metal supply chain, an industry which is currently booming worldwide now. “This creation industry of rare earth metal is part of Japan’s comprehensive envisaged in Namibia, which could bring about other international investment…
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