Govt scales up drive to promote industrial growth
GOVERNMENT is forging ahead with its drive to create a conducive environment that facilitates the competitiveness of local industries, enhancing production and boosting earnings.
Industry and Commerce Minister Dr Sekai Nzenza said this while officiating at the recent Women’s Business Leadership Roundtable 2021.
She said this was being implemented through policy formulation and strategies that enhance industrial growth at a time the country is looking at achieving an upper middleincome economy by 2030.
“My ministry is mandated to facilitate and promote the development of sustainable, innovative, inclusive and globally competitive industrial and commercial enterprises for improved consumer welfare and economic growth,” said the minister.
“The Government is able to do so through formulating and implementing policies and strategies for industrial and commercial growth.’’
She cited the National Development Strategy (NDS1) and the Zimbabwe National Industrialisation Policy as some of the initiatives the Government is implementing to achieve inclusive economic growth.
Dr Nzenza, however, emphasised the need for inclusive growth, where women also take advantage of technological innovation to enhance their role towards economic development of the country, while their businesses also grow.
Their participation in all the various sub-sectors of the local industry could not be overemphasised, she added.
“We launched the Zimbabwe National Industrialisation Development Policy, which is premised upon the deliberate decision taken by the Government to open the country for business, modernise, industrialise and promote investment, with the ultimate goal of attaining broad-based economic empowerment, inclusive economic growth and
employment creation,” said Dr Nzenza.
“We have a highly diversified industrial sector consisting of 94 sub-sectors that include food, drink, and tobacco, clothing and textiles, wood and furniture; leather and footwear among many others and I am honoured to see women occupying spaces in those areas.
“It is my deepest desire that we find more women occupying these and more spaces in the industry. Women in business are urged to be innovative and make use of modern technologies to push forward industrialisation.”-chronicle.cl.zw
