04 Jun 2015 17:40pm
WINDHOEK, 04 JUN (NAMPA) Namibia will implement the SADC Industrialisation Strategy and Roadmap simultaneously with its own Industrialisation Policy and implementation strategy, and the Growth at Home Strategy for Industrialisation, Cabinet announced on Thursday.
The Southern African Development Community (SADC) Summit held in Harare, Zimbabwe last month approved the region's industrialisation strategy and roadmap, reaffirming the importance of industrial development in poverty alleviation.
The summit also reaffirmed the importance of industrial development in the economic emancipation of the people of the region.
The SADC Industrialisation Strategy is anchored on three pillars - industrialisation, competitiveness and regional integration, and premised on a three-phase long perspective covering 2015 to 2063.
The strategy is aligned to Agenda 2063, a global strategy aimed at optimising the use of Africas resources for the benefit of all Africans.
Briefing the media on Thursday, Deputy Minister of Information and Communication Technology Stanley Simataa said Cabinet, last month, took note that the SADC Industrialisation Strategy and Roadmap will be implemented simultaneously with Namibia's Industrialisation Policy.
He said Cabinet directed the Ministry of Industrialisation, Trade and Small and Medium Enterprises (SME) Development, in conjunction with the relevant offices/ministries/agencies, to sensitise the Namibian private sector and society at large on the SADC Industrialisation Strategy and Roadmap in line with Namibia's own industrialisation efforts through workshops and other forms of information sharing.
Cabinet also directed the Ministry of Industrialisation, Trade and SME Development in collaboration with the National Planning Commission to finalise the costing for the implementation of the revised Regional Indicative Strategic Development Plan (RISDP). The RISDP has the goal to deepen regional integration and accelerate poverty eradiation through various SADC initiatives.
Cabinet further directed the Ministry of International Relations and Cooperation to coordinate Namibias participation at the African Union (AU) Summit on the launch of the Continental Free-Trade Area to take place in Egypt next week.
The Harare summit noted the state of preparedness for the launch of the negotiations for the Continental Free-Trade Area (CFTA) and adopted a common SADC position on industrialisation within the context of the CFTA negotiations.
The CFTA is set to build on the Tripartite FTA negotiations, which would create a free-trade area among the 26 countries of the East African Community (EAC), the Common Market for Eastern and Southern Africa (Comesa) and SADC.