INTERNATIONAL CONVENTION CENTRE FOR THE CAPITAL CITY
A PROJECT BY IPBF INVESTMENT HOLDING (PTY) LTD
Convention centers are among the key players in the convention industry, make a critical economic contribution to the destination. The Meetings, Incentives, Conferences and Exhibitions (MICE) industry is booming in Africa. This is largely influenced by the recognition of the continent as a preferred tourist destination, not only for leisure but also for business.
The idea of an international convention centre for Windhoek has been under consideration for more than 7 years.
International experience shows that convention centres deliver significant economic benefits. Recently there has been a strong growth in the international conferencing market, which is projected to continue, however, Namibia has underperformed in comparison.
The Windhoek International Convention Centre (WICC) development will be led by IPBF Investment Holding (Pty) Ltd CEO and Chairman Mr. Chrisch Siririka and Mr. Albin Ilovu and a London based Private Equity Investor and Property Developer, Haw & Inglis International, to set up a five star hotel and convention centre between Avis and Klein Windhoek, close to the Windhoek CBD.
The hotel and convention centre will be operated under a management agreement by a reputable international hotel operator. Funding has been secured to develop the new convention centre with a value of N$4,269,000,105.
The capital city has numerous advantages as it is the centre of Namibia’s Government and it is well connected to all parts of Namibia and the rest of the world by international flights
The convention centre with host conference venues, enabling the city to host a range of business events such as meetings, conventions and exhibitions. These events support and contribute to the economic development agenda to Windhoek’s economic growth.
In addition to the convention centre, it can also be expected that secondary investment in nearby restaurants, retail and supporting businesses will benefit the city. Namibia will be marketed as a destination for international conferences. With its innovative design, meticulous attention to detail, impressive service, five star accommodation facilities and dedicated staff this will enable the WICC to deliver unforgettable experiences. The convention centre will create job opportunities of approximately 2,500 people.
The proposed Convention Centre will cover an area of 5 hectares and will be able to host full format multi-day conferences for up to 4800 delegates. The planned hotel and convention centre measures approximately 90,000m2, including a 250 bed hotel.
The centre will be able to host large banquets of over 3,500 delegates and seat over 4,800 people in a theatre style seating arrangement.
The WICC will offer 41 venues of different sizes which can be flexibly configured for any conference of banqueting requirements ranging from 20 – 4,800 delegates. The venue will include various meeting suites, adjacent to exhibition halls.
Other amenities includes ATMs, concierge services, public telephones, bureau de change offices.
Three primary parties are involved with the proposed development:
- Government of the Republic of Namibia (GRN)
- The Consortium of Developers and Investors
The Ministry of Finance, The Ministry of Industrialisation, Trade & SME Development, The Namibia Tourism Board and the Ministry of International Relations and Cooperations will be the main stakeholders within the development. Other stakeholders include SADC, COMESA, SACU, the AU, EAC, the United Nations and her Agencies.
THIRD PARTY RELATIONSHIPS AND INITIATIVES
Strategic relationships with several organisations and local Ministries will help secure and provide a diverse range of services. Service Provider relationships will include electrical, production, decorating, audiovisual & translation, digital and security services.
CORPORATE GOALS AND STRATEGIES
WICC will focus on the four strategic corporate goals
-Occupancy – min of 60 – 70%
-Financial – manage the operations efficiently while sustaining long-term growth
-Industry leadership and innovation – WICC will maintain industry leadership through innovative use of information
Conferences and events bring new expertise and ideas to our doorstep, providing an important platform for the exchange of knowledge and information across industry sectors. Our aim is to position Windhoek as a leading destination, allowing for important engagement and relationship-building that contribute to the growth and vibrancy of the Namibian Capital.