26 Jun 2015 16:50pm
WINDHOEK, 26 JUN (NAMPA) Namibia's industrialisation efforts will be futile unless it is accompanied by competitiveness with innovation and excellent service delivery in the public and private sectors, the Minister of Industrialisation says.
Countries create wealth not by exporting raw materials and importing finished products, but by doing the exact opposite, said Minister of Industrialisation, Trade and Small and Medium Enterprises (SME) Development, Immanuel Ngatjizeko.
He was speaking during the official opening of the one-day Annual General Meeting (AGM) of the Namibia Chamber of Commerce and Industry (NCCI) on Friday in Windhoek.
We have been given a clear mandate to drive the transformation of our economy from its dependency on the export of raw minerals into a manufacturing driven economy, said Ngatjizeko.
He said there is a need to form a partnership between the private sector, labour organisations and civil society in order to drive the industrialisation and economic transformation agenda.
The minister indicated that the private sector is expected to play a pivotal role in the implementation of this agenda by investing in value-adding activities, thereby creating the much-needed employment opportunities and making a serious dent into unemployment, poverty and income inequality.
For us to make speedy progress on this mission, we need to focus our attention on skills development and innovation, he said.
Ngatjizeko said a competitive manufacturing sector requires innovative minds and a highly skilled and competent workforce.
Our youth are therefore expected to pursue training and skills development opportunities, which can develop them into skilled and innovative entrepreneurs and workers, he said.
The minister explained that industrialisation requires a generally competitive economy driven by efficient public services and a very innovative private sector.
Therefore, he said, the government is working very seriously on the improvement of the administrative machinery, so as to minimise bureaucratic processes and ensure that they provide public services efficiently and competently.