Industrialisation remains the most effective pathway to economic transformation; this was the key message at the opening day of the 9th annual Southern African Development Community (SADC) Industrialisation Week, at the Durban ICC on Monday.
Industrialisation remains the most effective pathway to economic transformation, regional leaders said on Monday as the 9th annual Southern African Development Community (SADC) Industrialisation Week got underway.
The week-long event, SADC's flagship platform for advancing regional industrial development, investment and economic transformation, was officially opened by eThekwini Mayor Cyril Xaba, while Minister of Trade and Industry and Competition Parks Tau delivered the keynote address.
According to the eThekwini Municipality, this year's gathering is focused on strengthening regional trade, expanding industrial capacity and creating sustainable employment opportunities.
The municipality said the event supports the implementation of the SADC Industrialisation Strategy and Roadmap 2015–2063, which is built around three pillars: industrialisation, competitiveness and regional integration.
