{"id":13933,"date":"2024-11-29T12:27:19","date_gmt":"2024-11-29T05:27:19","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=13933"},"modified":"2024-11-29T12:27:19","modified_gmt":"2024-11-29T05:27:19","slug":"global-times-china-and-namibia-open-up-new-fronts-under-bri","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=13933","title":{"rendered":"Global Times: China and Namibia open up new fronts under BRI"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">BEIJING<\/span>, Nov. 29, 2024 \/PRNewswire\/ &#8212;\u00a0Namibia and <span class=\"xn-location\">China<\/span> are highly aligned in green transformation and there is a great potential for both sides to explore future cooperation in this field,\u00a0Elia George Kaiyamo, the Namibian ambassador to <span class=\"xn-location\">China<\/span>, told the Global Times in an exclusive interview.<\/span><\/p>\n<p><span class=\"xn-location\">Namibia<\/span>, a country in southern <span class=\"xn-location\">Africa<\/span>, is heavily dependent on electricity imports, with about 50 percent of its electricity currently sourced from neighboring countries, a challenge the ambassador emphasized must be addressed.<\/p>\n<p>&#8220;We aim to continue strengthening our cooperation, attracting more Chinese businesses, and fostering partnerships in key industries as such,&#8221; he said, giving examples of new energy vehicles (NEVs) in which Chinese companies have competitive advantages, particularly in cost-effectiveness.<\/p>\n<p>&#8220;In fact, many people in <span class=\"xn-location\">Namibia<\/span> already drive Chinese cars&#8230; but we&#8217;re now looking into bringing Chinese NEVs to <span class=\"xn-location\">Namibia<\/span>,&#8221; the ambassador said, noting that this could involve establishing plants and supply chains locally.<\/p>\n<p>In addition to the NEVs, <span class=\"xn-location\">Namibia<\/span> plans to become a regional hub for hydrogen production in southern <span class=\"xn-location\">Africa<\/span>, according to media reports, as part of the country&#8217;s efforts to facilitate green transformation and energy supply.<\/p>\n<p>&#8220;We hope Chinese companies will support us in advancing hydrogen production&#8230; We aim to improve our energy sector and achieve energy independence, and collaborating with Chinese companies will be critical in achieving this goal,&#8221; Kaiyamo said.<\/p>\n<p>Kaiyamo is not the only official of the African country who extended the invitation to Chinese companies for collaboration. In a recent interview with Kornelia Shilunga, deputy minister of Mines and Energy of <span class=\"xn-location\">Namibia<\/span>, she also told the Global Times that <span class=\"xn-location\">Namibia<\/span> welcomes Chinese companies to take part in the development of renewable energy of the country as it seeks economic development and green transition.<\/p>\n<p>&#8220;We have also had good partnerships in the relevant field and some mining and energy projects that have been done by Chinese companies,&#8221; Shilunga said.<\/p>\n<p><span class=\"xn-location\">Namibia<\/span> is also looking into the potential to collaborate with Chinese companies on building a nuclear power plant, Shilunga said, noting that this remains in the early stages of discussion, with initial meetings already underway.<\/p>\n<p>The southern African country has already had landmark projects with the cooperation of Chinese companies in the green field.<\/p>\n<p>Noticeably, in September, <span class=\"xn-location\">Namibia&#8217;s<\/span> state-owned power utility NamPower signed a contract with two Chinese firms to start building the country&#8217;s largest solar power plant, according to media reports.\u00a0<\/p>\n<p>\u00a0The southern African country is a net importer of electricity, relying on neighboring <span class=\"xn-location\">Zambia<\/span> and <span class=\"xn-location\">South Africa<\/span> for power, but the plant will add 100 megawatts to its current total installed power capacity of roughly 500 MW, according to the Reuters report.<\/p>\n<p>The plant will help stabilize future electricity tariff increases, support <span class=\"xn-location\">Namibia&#8217;s<\/span> economic growth, and promote environmental sustainability, the report said, citing a statement made by Kahenge Haulofu, NamPower managing director.<\/p>\n<p>In extending appreciation for all the support from the Chinese side, Shilunga told the Global Times &#8220;We want our economy to grow, but we cannot do it alone. We need and we welcome cooperation from countries like <span class=\"xn-location\">China<\/span>.&#8221;<\/p>\n<p>A reliable partner<\/p>\n<p>The cooperation in green fields highlights the strength of bilateral ties. Since the establishment of diplomatic relations in 1990, relations between the two countries have developed smoothly with frequent high-level exchanges.<\/p>\n<p>In <span class=\"xn-chron\">March 2018<\/span>, the two countries established the <span class=\"xn-location\">China<\/span>&#8211;<span class=\"xn-location\">Namibia<\/span> comprehensive strategic partnership of cooperation, and the two countries signed a Memorandum of Understanding on Belt and Road Initiative (BRI) Cooperation, ushering in a new era of bilateral cooperation.<\/p>\n<p>&#8220;<span class=\"xn-location\">Namibia<\/span> sees a bright future in its cooperation with <span class=\"xn-location\">China<\/span> under the BRI&#8230; Participating in the joint initiative has brought significant benefits to <span class=\"xn-location\">Namibia<\/span>, such as improved infrastructure, including roads and bridges,&#8221; Kaiyamo said.<\/p>\n<p>For instance, a road project between the airport and the country&#8217;s capital is nearing completion. Constructed by a Chinese company, this project will significantly reduce travel time between the airport and the capital from the current 1-2 hours to less than just 45 minutes, the ambassador said.<\/p>\n<p>This road project is just one example, with more Chinese investments expected to flow into <span class=\"xn-location\">Namibia<\/span> in the near future.<\/p>\n<p>In an open speech in October, the Chinese ambassador to Namibia Zhao Weiping said that &#8220;In the next 5 to 10 years, we may expect a big expansion of Chinese investment in <span class=\"xn-location\">Namibia<\/span>.&#8221; Chinese companies will invest in extensive areas such as oil and gas, green hydrogen, agriculture, education, infrastructure, and information technology, Zhao said.<\/p>\n<p>Kaiyamo said that <span class=\"xn-location\">China<\/span> focuses on mutual trust and long-term partnerships, proving itself a reliable and invaluable partner.<\/p>\n<p>&#8220;<span class=\"xn-location\">China<\/span> understands our financial struggles and works with us patiently,&#8221; Kaiyamo said. He gives the example of when <span class=\"xn-location\">Namibia<\/span> faced challenges completing certain projects, <span class=\"xn-location\">China<\/span> extended timelines and provided flexible terms.<\/p>\n<p>This cooperative and brotherly relationship shows <span class=\"xn-location\">China&#8217;s<\/span> genuine commitment to <span class=\"xn-location\">Africa&#8217;s<\/span> development, Kaiyamo said.<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">BEIJING<\/span>, Nov. 29, 2024 \/PRNewswire\/ &#8212;\u00a0Namibia and <span class=\"xn-location\">China<\/span> are highly aligned in green transformation and there is a great potential for both sides to explore future cooperation in this field,\u00a0Elia George Kaiyamo, the Namibian ambassador to <span class=\"xn-location\">China<\/span>, told the Global Times in an exclusive interview.<\/span><\/p>\n<p><span class=\"xn-location\">Namibia<\/span>, a country in southern <span class=\"xn-location\">Africa<\/span>, is heavily dependent on electricity imports, with about 50 percent of its electricity currently sourced from neighboring countries, a challenge the ambassador emphasized must be addressed.<\/p>\n<p>&#8220;We aim to continue strengthening our cooperation, attracting more Chinese businesses, and fostering partnerships in key industries as such,&#8221; he said, giving examples of new energy vehicles (NEVs) in which Chinese companies have competitive advantages, particularly in cost-effectiveness.<\/p>\n<p>&#8220;In fact, many people in <span class=\"xn-location\">Namibia<\/span> already drive Chinese cars&#8230; but we&#8217;re now looking into bringing Chinese NEVs to <span class=\"xn-location\">Namibia<\/span>,&#8221; the ambassador said, noting that this could involve establishing plants and supply chains locally.<\/p>\n<p>In addition to the NEVs, <span class=\"xn-location\">Namibia<\/span> plans to become a regional hub for hydrogen production in southern <span class=\"xn-location\">Africa<\/span>, according to media reports, as part of the country&#8217;s efforts to facilitate green transformation and energy supply.<\/p>\n<p>&#8220;We hope Chinese companies will support us in advancing hydrogen production&#8230; We aim to improve our energy sector and achieve energy independence, and collaborating with Chinese companies will be critical in achieving this goal,&#8221; Kaiyamo said.<\/p>\n<p>Kaiyamo is not the only official of the African country who extended the invitation to Chinese companies for collaboration. In a recent interview with Kornelia Shilunga, deputy minister of Mines and Energy of <span class=\"xn-location\">Namibia<\/span>, she also told the Global Times that <span class=\"xn-location\">Namibia<\/span> welcomes Chinese companies to take part in the development of renewable energy of the country as it seeks economic development and green transition.<\/p>\n<p>&#8220;We have also had good partnerships in the relevant field and some mining and energy projects that have been done by Chinese companies,&#8221; Shilunga said.<\/p>\n<p><span class=\"xn-location\">Namibia<\/span> is also looking into the potential to collaborate with Chinese companies on building a nuclear power plant, Shilunga said, noting that this remains in the early stages of discussion, with initial meetings already underway.<\/p>\n<p>The southern African country has already had landmark projects with the cooperation of Chinese companies in the green field.<\/p>\n<p>Noticeably, in September, <span class=\"xn-location\">Namibia&#8217;s<\/span> state-owned power utility NamPower signed a contract with two Chinese firms to start building the country&#8217;s largest solar power plant, according to media reports.\u00a0<\/p>\n<p>\u00a0The southern African country is a net importer of electricity, relying on neighboring <span class=\"xn-location\">Zambia<\/span> and <span class=\"xn-location\">South Africa<\/span> for power, but the plant will add 100 megawatts to its current total installed power capacity of roughly 500 MW, according to the Reuters report.<\/p>\n<p>The plant will help stabilize future electricity tariff increases, support <span class=\"xn-location\">Namibia&#8217;s<\/span> economic growth, and promote environmental sustainability, the report said, citing a statement made by Kahenge Haulofu, NamPower managing director.<\/p>\n<p>In extending appreciation for all the support from the Chinese side, Shilunga told the Global Times &#8220;We want our economy to grow, but we cannot do it alone. We need and we welcome cooperation from countries like <span class=\"xn-location\">China<\/span>.&#8221;<\/p>\n<p>A reliable partner<\/p>\n<p>The cooperation in green fields highlights the strength of bilateral ties. Since the establishment of diplomatic relations in 1990, relations between the two countries have developed smoothly with frequent high-level exchanges.<\/p>\n<p>In <span class=\"xn-chron\">March 2018<\/span>, the two countries established the <span class=\"xn-location\">China<\/span>&#8211;<span class=\"xn-location\">Namibia<\/span> comprehensive strategic partnership of cooperation, and the two countries signed a Memorandum of Understanding on Belt and Road Initiative (BRI) Cooperation, ushering in a new era of bilateral cooperation.<\/p>\n<p>&#8220;<span class=\"xn-location\">Namibia<\/span> sees a bright future in its cooperation with <span class=\"xn-location\">China<\/span> under the BRI&#8230; Participating in the joint initiative has brought significant benefits to <span class=\"xn-location\">Namibia<\/span>, such as improved infrastructure, including roads and bridges,&#8221; Kaiyamo said.<\/p>\n<p>For instance, a road project between the airport and the country&#8217;s capital is nearing completion. Constructed by a Chinese company, this project will significantly reduce travel time between the airport and the capital from the current 1-2 hours to less than just 45 minutes, the ambassador said.<\/p>\n<p>This road project is just one example, with more Chinese investments expected to flow into <span class=\"xn-location\">Namibia<\/span> in the near future.<\/p>\n<p>In an open speech in October, the Chinese ambassador to Namibia Zhao Weiping said that &#8220;In the next 5 to 10 years, we may expect a big expansion of Chinese investment in <span class=\"xn-location\">Namibia<\/span>.&#8221; Chinese companies will invest in extensive areas such as oil and gas, green hydrogen, agriculture, education, infrastructure, and information technology, Zhao said.<\/p>\n<p>Kaiyamo said that <span class=\"xn-location\">China<\/span> focuses on mutual trust and long-term partnerships, proving itself a reliable and invaluable partner.<\/p>\n<p>&#8220;<span class=\"xn-location\">China<\/span> understands our financial struggles and works with us patiently,&#8221; Kaiyamo said. He gives the example of when <span class=\"xn-location\">Namibia<\/span> faced challenges completing certain projects, <span class=\"xn-location\">China<\/span> extended timelines and provided flexible terms.<\/p>\n<p>This cooperative and brotherly relationship shows <span class=\"xn-location\">China&#8217;s<\/span> genuine commitment to <span class=\"xn-location\">Africa&#8217;s<\/span> development, Kaiyamo said.<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-13933","post","type-post","status-publish","format-standard","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/13933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13933"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/13933\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}