Windhoek — The Ministry of Trade and Industry has indicated that it would soon introduce some form of interim protection for the broiler industry. The protection may come into effect as soon as the first week of May.
According to Koos Ferreira the CEO of Namib Mills Investments (NMI), the parent company of Namibia Poultry Industries (NPI), the sector could soon receive interim protection through the Import Export Control Act of 1994, until infant industry protection comes into effect.
Welcoming government’s support for NPI on Tuesday, Ferreira stressed the importance of some form of protection for the industry at a media conference in Windhoek. “Some form of protection has become crucial, as the industry operates in an environment that is capital intensive. The development of specialised skills and the development of brands requires time and financial resources invested over long periods of time. These need to be protected, to sufficiently contribute to the country’s economy,” Ferreira said.
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