adminThe ongoing Sadc Extraordinary Summit on industrialisation which started in Harare yesterday is vital for job creation and poverty alleviation, industrialists and economists have said.
The regional bloc’s chair for commerce and industry, Mr Oswell Binha told The Sunday Mail that the regional bloc has recognised the importance of industrialisation and value addition for the development of member states.
Mr Binha hailed Harare for setting the agenda on industrialisation and economic development.
“Previous summits probably for the better part of the grouping’s history has been more of political discussions. I think as Harare we have started on a good note through the introduction of economic development and industrialisation on our agenda during our summits,” he said.
Mr Bimha said Africa has been exporting raw materials while importing finished goods and the talk of industrialisation was the missing link.
He said the private sector has already made a commitment to support the region in value addition and industrialization. Buy Zimbabwe chief executive, Mr Munyaradzi Hwengwere, said regional integration was important for the development of the region.
“The change of mantra on what we can focus on as a region is very crucial. If we industrialise thousands of jobs will be created and we will improve the lives of our people,” he said.
Online Reporter