Namport allocates N$2,8 million to social investment fund for 2020/21

The Namibian Ports Authority allocated a notable 2.8 million Namibian Dollars to its social investment fund for projects aimed at bettering the lives of the Namibian nation during its 2020/21 financial year.

The Namport Social Investment Fund (NSIF) is an investment arm of Namport through which the Ports Authority reaches the Namibian community by investing in worthwhile community projects such as the building of educational infrastructure, health infrastructure, medical equipment and other social needs that fall within the sponsorship mandate of NSIF. The latest benefactor of the social fund was the Five Rand Primary School in the Otjozondjupa region. The fund yesterday donated two classrooms with a price tag of N$ 300,000.00 to the school.
Speaking at the handover, NSIF Trustee member, Ms. Irene Simeon-Kurtz said that NSIF is gratified of its contributions towards uplifting the Namibian nation. “However, we still believe strongly that there is a need for a collective and robust interventionist strategy to prepare the country for an uptake to helping many young Namibians grow into becoming active participating members of our economy”.

Receiving the two classrooms on behalf of the school, Deputy Minister of Education Arts and Culture Hon. Caley Faustina, thanked the donor who have over the years proven its commitment to advancing the cause of government in providing quality education for the Namibian child. The Minister further said that the “handover was a clear indication that the ministry of education and friends like Namport are serious in achieving the sustainable development goals outlined in the United Nations Sustainable development– Partnership for Goals (SDG No.17)”.
Since its inception in 2006, the fund with the main objective to be a good corporate citizen has ploughed 35 million Namibian Dollars back into the 14 regions of Namibia. Namport Social Investment Fund remains humbled by the opportunity to invest resources back into the country.

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