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Based on the bilateral agreement on economic cooperation signed between the Namibian Ministry of Trade and Industry (MTI) and the South African Department of Trade and Industry (DTI) in 2006 and the drive from the Walvis Bay Corridor Group (WBCG) to transform the existing transport corridors into economic development corridors, the WBCG submitted a proposal to the Ministry of Trade and Industry (MTI) for the integration of the SDI unit into the WBCG structures.

 

The WBCG also submitted a proposal to the Regional Spatial Development Initiatives Programme (RSDIP) hosted by the Development Bank of Southern Africa (DBSA) to fund the activities of the the Namibia SDI Program, within the context of the Angola - Namibia - South Africa (ANSA) SDI framework.

 

Consequently the MTI and RSDIP are jointly financing the activities of the Namibia SDI Program.