244 Stirrup Road Bridle Park, Midrand • P O Box 31184, Kyalami, 1684 Tel: 072 340 5621 • Fax: 086 605 5694 • Email: kim@presslink.co.za

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Media Release

2010-10-06

Lüderitz set for major expansion

The Port of Lüderitz in Namibia is poised to reposition itself as the “Gateway to Southern Namibia, the Northern Cape Province and South-West Botswana”.

In late 2009 Namport, Namibia’s Port Authority, commissioned Aurecon to conduct a feasibility study for the Port of Lüderitz to investigate the possibility of a port deepening/expansion project. The study is still in progress and the result of the study is expected in October 2010. The outcome of this study will enable the creation of a Port Master Plan to guide Namport’s future developments for the Port of Lüderitz.

Namport is concurrently considering every available opportunity to revive the Port of Lüderitz, within the context of the entire town’s development. To this effect, Namport has been in consultation with various key stakeholders, seeking support and cooperation to start an all-inclusive initiative that would lead to the establishment of a spatial development initiative for the area and using the Port of Lüderitz as the main link to the sea.

These consultations yielded positive results on 27 August 2010, when Namport signed three Memorandums of Understanding (MoU) with Karas Regional Council, Lüderitz Town Council and Lüderitz Waterfront Development Company (Pty) Ltd at an event witnessed by the Minister of Regional, Local Government, Housing and Rural Development, Jerry Ekandjo. The event also saw the MoU exchange in the spectrum of economic development between the Lüderitz Town Council and Namibia Chamber of Commerce and Industry (NCCI).

The salient features of the MoUs provides for a joint support and cooperation:

• on economic development for the region to open up corridor routes linking the port of Lüderitz to the SADC countries;

• on the establishment of a private public partnership (PPP) to manage the operations of the planned corridors for the Karas region and the Port of Lüderitz;

• on a broader spectrum of economic development for the region to ensure optimum exploitation and utilization of the Port of Lüderitz;

• on matters of development and roles of the region and/or the port hinterland connection;

• on collaboration and mutual update on matters of development for the Port of Lüderitz and the Lüderitz Spatial Development Corridor;

244 Stirrup Road Bridle Park, Midrand • P O Box 31184, Kyalami, 1684 Tel: 072 340 5621 • Fax: 086 605 5694 • Email: kim@presslink.co.za

www.presslink.co.za CK1986/013116/23 Presslink PR Services CC Member: BJC Sheat

• on the marketing of the Lüderitz Spatial Development Corridor and the Port of Lüderitz with specific focus on the Trans Oranje corridor.

The important sectors identified as the core focus areas were port and rail development, economic development, mining, tourism and hospitality and various other industrial and commercial enterprises.

Namport will be exhibiting at the Railways & Harbours Conference & Exhibition to be held at the Expo Centre in Johannesburg from 6 to 8 April 2011.

Ends

For more details call Jo-Ann Stevens at Tel: (+264 64) 208 2111, email: jo-ann@namport.com.na

For more information on the Railways & Harbours Conference & Exhibition, visit www.railwaysandharbours.com