KZNNational NewsNews

Regional leaders gather in Durban for SADC industrialisation talks

Among the key issues expected to dominate discussions are the development of regional value chains in agro-processing and pharmaceuticals.

The Southern Africa regional industrialisation programme will this week come under the spotlight at
the 9th Southern African Development Community (SADC) Industrialisation Week which kicked off in Durban on Monday.

Bringing together government leaders, business executives, investors and development partners to chart a path for economic growth and regional integration. the gathering is held annually by SADC host nations

The five-day event, which is being held at the Chief Albert Luthuli International Convention Centre in Durban, will serve as a key precursor to the 46th SADC Summit of Heads of State and Government, expected to take place in the city next week.

ALSO READ | eThekwini moves to counter xenophobia concerns ahead of SADC Summit

Hosted by the South African government in partnership with the SADC Business Council and the SADC Secretariat, the annual gathering is regarded as the region’s premier public-private platform for advancing industrial development, investment and value chain integration.

This year’s programme will be held under the theme, “Resilient, Sustainable and Inclusive Industrialisation through Infrastructure Development, Agricultural and Critical Minerals Transformation in Pursuit of a Just World.”

According to South Africa’s Department of Trade, Industry and Competition, discussions will focus on accelerating industrialisation through stronger regional cooperation while positioning Southern Africa to benefit from growing global demand for value-added products rather than relying on exports of raw materials.

Among the key issues expected to dominate discussions are the development of regional value chains in agro-processing, pharmaceuticals, consumer goods and critical minerals beneficiation.

ALSO READ | SADC’s mission in Democratic Republic of Congo is ‘unsustainable’

Delegates will also examine ways of improving infrastructure in the energy, transport, logistics, water and information and communications technology sectors to support industrial expansion.

Investment mobilisation, industrial partnerships and the empowerment of women and young entrepreneurs are also expected to feature prominently, alongside discussions on innovation, digital transformation and improving the competitiveness of businesses across the region.

Clive Ndou

Clive Ndou has vast experience in the media having covered beats ranging from politics to economics. Ndou, who studied journalism at the Durban University of Technology (DUT), held several positions within the media industry, including that of Parliamentary Correspondent and KwaZulu-Natal Bureau Chief. Apart from reporting on breaking news, Ndou who is currently The Witness Politics Editor, also writes analytical pieces and a column published in The Witness every Thursday.

Support local journalism

Add The Witness as a Preferred Source on Google and follow us on Google News to see more of our trusted reporting in Google News and Top Stories.

Back to top button