EAC seeks to harmonise industrialisation policy

The East African Community (EAC) is set to discuss the industrialisation policy as one of the core elements in the integration process during a two conference scheduled to kick off on May 2, in Nairobi, Kenya Organised by the EAC Secretariat and the German Development Cooperation, the conference would provide a forum for EAC representatives to engage senior stakeholders from the public and private sectors on the realities of pursuing a regionally coordinated industrialisation policy. “The EAC is in the process of formulating its industrialisation policy and strategy, which is expected to provide a detailed regional framework for cooperation in the field of industrial and SME development, as outlined in the Treaty for Establishing East Africa Community,” a statement from EAC Secretariat reads. “The goal of cooperation in industrial development is to enable partner states to collectively and individually attain accelerated, harmonious, and balanced development, as envisioned in the treaty.” The statement further reads that the EAC industrialisation strategy identified several industries for be promotion through collective community efforts in order to realise economies of scale and attain international competitiveness. “The conference is therefore an important forum for obtaining views from stakeholders for incorporation into the final EAC industrialisation policy and strategy.” The conference will also aim to raise awareness on possible mechanisms to achieve technology transfer between research centres and industry, as well as to sensitise policy makers, heads of science and technology councils and the private sector on possible approaches for collaboratively engaging in technology development and transfer. Ends

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EAC seeks to harmonise industrialisation policy