The third SADC Industrialisation Week (SIW) which started this Monday at Safari Court Hotel and Conference Centre in Windhoek, Namibia comes to a close today.
The Industrialization Week is a private-public engagement platform aimed at fostering new opportunities for intra-African trade and investment in the region.The Theme for this year is “Promoting Infrastructure and Youth Empowerment for Sustainable Development”.
The Head of Delegation of the European Union to the Republic of Namibia, Jana Hybaskova, as well as the Trade Counsellor of the Delegation to Botswana John Taylor and the Head of the Trade Section of the Delegation to South Africa Massimo De Luca spoke Monday morning at the regional value chains session. In her opening statement, Ambassador Hybaskova underlined the very strong link between industrialisation-led jobs creation and regional stability. Massimo De Luca and John Taylor from the EU Delegations in Pretoria and Gaborone respectively then provided insights into major policy and regulatory bottlenecks hampering the region from effectively integrating, in particular with regards to the opportunities offered under the SADC-EU Economic Partnership Agreement. The conclusions of this week's event will form an integral part of our forthcoming cooperation with SADC.
The EU's support to the industrialization of the SADC region flows naturally from our support to regional integration. In the current programming of our cooperation with SADC, the EU has committed to support the regional integration agenda with a total of EUR 65 million, focusing on: 1) transport and transit facilitation, 2) support to investment and business environment, 3) trade and trade facilitation, and 4) industrialisation, targeting the development of regional value chains, specifically the leather and anti-retroviral value chain
The SADC Council of Ministers endorsed the convening of the annual SADC Industrialization Week to intensify engagement with various partners, including the Private Sector in order to accelerate the implementation of the SADC Industrialization Strategy and Roadmap 2015-2063 which was approved by the SADC Summit of Heads of State and Government in April 2015 in Harare, Zimbabwe.
The commemoration of the 2018 SADC Industrialization Week aims to;
SADC is an organisation of 15 Member States established in 1980. The mission of SADC is to promote sustainable and equitable economic growth and socio-economic development through efficient, productive systems, deeper cooperation and integration, good governance and durable peace and security; so that the region emerges as a competitive and effective player in international relations and the world economy.