The long-discussed development of Cape Fria has once again come into focus following remarks by President Netumbo Nandi-Ndaitwah, who cautioned the public against dubious actors.

The Head of State expressed the government's willingness to pursue the project, but only if they secure credible investors.

The President acknowledged that the idea of developing Cape Fria dates back to the era of the Founding President, Sam Nujoma, but stressed the need for due diligence.

President Nandi-Ndaitwah said the idea of a smart city can be entertained, but was quick to point out that some of the initiatives, when studied closely, are not convincing.

Her remarks come following a question from NUDO leader Vetaruhe Kandorozu about the government's stance on the Cape Fria smart city project.

"I would like to see a development of a smart city during my time as President, but when you look at some of these investors, they are questionable."

In what appears to be a direct response to the President, Kaoko Fria, the investors who have publicly led the development of the smart city say it is the legitimate driver of the proposed Kaoko Fria Smart City. 

The company claims the project has evolved into a structured, feasible, bankable, and implementation-ready framework, backed by both local and international investors.

Its spokesperson, Immanuel Nghifikwa, says that engagements have already taken place at a high level, including discussions with the Ministry of Works and Transport led by Minister Veikko Nekundi. 

He further claims that investors are prepared to participate, pending regulatory approvals.

Yet, no specific investors are named, no timelines are provided, and no publicly available feasibility studies are referenced.

To this, Nghifikwa says the time is not right to divulge exactly who these investors are; he told NBC News that the many investors they have are on hold pending government approval.

The company also distanced itself from any public fundraising activities, stating that the project does not require any registration fees or public financial contributions.

A month ago, hundreds of people lined up in Windhoek to apply for employment for phase one of the construction of the Kaoko Fria Smart City along the coast in the Kunene Region.

It was reported then that Kaoko Fria Investment would be taking job applications across all 14 regions and is projected to employ over 100,000 people.