President Mnangagwa unveils NDS2 plan: Value Addition and Industrialisation to drive economic growth

President Mnangagwa has announced that the upcoming National Development Strategy 2 (NDS2) will focus on value addition and industrialisation, to increase the manufacturing sector’s value from the current US$4 billion to over US$10 billion.
Speaking at the inaugural Competitiveness Summit in Bulawayo, President Mnangagwa highlighted the transition from the first edition of the National Development Strategy, which concludes in 2025, to its successor, NDS2.
“As you are aware, the first edition of the National Development Strategy is coming to an end in 2025.
“Efforts are underway to develop the successor program, the National Development Strategy 2. The NDS2 will prioritize value addition and industrialisation, but put leverage on the manufacturing sector.
“The aim is to increase the sector’s value from the current US$4 billion to over US$10 billion through a strategic focus on value chains in the different sectors,” said President Mnangagwa.
He commended the National Competitiveness Commission for organizing the summit, emphasising its role as a key institution in fostering a competitive economic environment in Zimbabwe.
The summit runs under the theme: “Building Sustainability Towards Enhanced Productivity and Competitiveness in Zimbabwe.”