About Groot Group
Founded by Robbie
Jena (Scientist), Simon Kapenda (Neuroeconomist), and Robert Grier (Systemist) in
Columbus, Ohio USA in January 2010 and based in Namibia, Groot Group is a premier rapid
industrial development and foreign direct investment management company which focuses on
implementing applied neuroeconomics and systems dynamic to efficiently explore, develop,
and manage self-sustained ecosystems for the slow-developing and stagnant economies in
selected developing countries.
Groot Property Group (Pty) Ltd
Groot Property Group (Pty) Ltd (registration #2010/0669), is a Namibia VAT registered company
(registration #530-336-2016), incorporated and registered on October 29, 2010 under the laws of
the Republic of Namibia Companies Act, 1973 (Act 61 of 1973). Our founding directors are Robbie
Jena (American), Simon Kapenda (Namibian American), Sakeus Kapenda (Namibian), and Robert Grier
(American). Our auditors are PriceWaterHouseCoopers based in Windhoek, Namibia. Our lawyers are
Koep & Partners also based in Windhoek, Namibia.
Groot Property Group (Pty) Ltd., was formed for the sole purpose of developing the Groot Town Center ecosystem and its auxiliary anchor
components in Namibia. However, the Company is also exploring to develop similar ecosystems in
Swaziland, Mozambique, Malawi, Kenya, South Africa, Ghana, and Liberia, or wherever else the
Company is invited and welcomed.
Strategy
The Company's prime focus is to explore, develop, and manage upscale multifarious rapid industrial
ecosystems specifically designed to help improve and fast-track the reduction of poverty and
unemployment, address income inequalities, increase economic outputs, improve the quality of life,
and strengthen the performance, growth and development of national economies.
This paradigm is poised to help improve the well-being of people while generating values for our
shareholders and partners, increasing profitability, and promoting rapid growth and development. Added
to this is a more fundamental socio-economic impulse which will bring about the spread of integrated
and balanced development across geographical spaces. This will be demonstrably expressed in the
linkages of urban and rural economies with mutuality of benefits to be derived from equitable growth
and development. The Groot development itself will be a focal point for agglomeration and localization
economies with a potential to create other centers for the selfsame.
Economic Impact
Groot Property Group (Pty) Ltd currently has 4 different industrial projects under way out of 60
different projects within its ecosystem development in Namibia, and their economic impact in
Namibia are expected to be:
- Groot Town Center, construction budget: US$800 million, expected direct jobs: 30,000
Groot Power Plant, consturction budget: US$1.2 billion, expected direct jobs: 3,000 (2500 construction plus 500 permanent staff)
Groot Medical Center, construction budget: US$2 billion, expected direct jobs: 25,000
Otavi Steel Plant, construction budget: US$3 billion, expected direct jobs: 25,000
Namibia Institute of Technology and Namibia Research Institute, construction budget: US$550 million, expected direct jobs: 2,600
Gross Budget (Est.): US$7.6 billion (US$59.8 billion)
Gross Direct Jobs (Est.): 75,600 plus 378,000 indirect jobs; for a total of 453,600 new jobs created just from the 5 different projects in 3 years.
Employment Creation Model
In our Ecosystem Planning, we use "The Simon Kapenda Job Multiplier Effect", a proprietary model that
helps us better estimate our job creation planning and development, that indicates that per each 1 new
job created, 5 more indirect new jobs are created. For 8 new jobs created, 40 additional indirect new
jobs are created. This comes to a total of 45 direct and indirect new jobs created, just from the 5
new jobs.
Based on this model, with each project within the ecosystem expected to have nearly similar effects,
the Company expects to meet its targeted goal; to help Namibia realize full employment within 3 years
from the current unemployment rate of about 54%.
Mantra
Shaping economies for a better living.
Mission
To solve economic challenges others seem to ignore.
We hope to realize our mission by applying our proprietary-cum-industry-proven applied neuroeconomics
and systems dynamic solutions specifically designed to efficiently explore, develop, and manage
self-sustained ecosystems for the slow-developing and stagnant economies of the target countries.
Our core motivation is rooted in the principle of providing a unique approach to development,
serving all our customers with ultimate efficacy, integrity and respect, and helping to make a
difference in the lives of the people in the market we serve, while creating values for our shareholders,
expanding profitability, and promoting rapid growth and industry leadership.
Vision
To create long lasting economic impacts that equally benefit the people of the world while creating
superior value for our shareholders, partners and customers.
Capabilities
We are sufficiently equipped and ready to effectively help you realize your objectives and
efficiently solve the challenges that hinder your organization to achieve its vision, anywhere,
anytime, contact us today.
Locations
Groot Group Ltd is a Windhoek, Namibia based company with satellite offices in the US.
Construction Jobs
For more information regarding our construction jobs, visit our job opportunity sections at Groot Jobs.
Careers
We're currently hiring, for more information, visit our career opportunity sections at Groot Careers. |