Saturday, 15 June 2013

Ruto calls for greater focus on industrialisation

Posted  Saturday, June 15   2013 at  11:42

Deputy President William Ruto has encouraged African countries to strengthen their efforts in pursuing an industrialisation agenda to achieve sustainable economic growth.
Speaking at the Kenyatta International Conference Centre on Friday during the closing ceremony of the 20th edition of the African Union Conference of African Ministers of Industry (CAMI-20), Mr Ruto also noted that by vigorously executing value addition to the various products and resources endowed to the continent, Africa would be able to secure a favourable share in the ever competitive global market.
He regretted that Africa still lagged behind in development with a majority of the continent's population languishing in poverty despite Africa's wealth of both human and natural resources.
Mr Ruto assured the delegates that Kenya would remain committed to the resolutions set out during the conference and ensure they would be implemented.
He encouraged countries to strengthen partnerships and enhance regional trade, noting that only about 12 percent of trade was among African countries.
The three day Conference was officially opened by President Uhuru Kenyatta and brought together industry experts and policy makers to deliberate on industrialisation programmes of common interest to the continent.

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