Kampala – The United National Development Programme (UNDP) pledged to support efforts and initiatives by the government to deliver economic transformation in Uganda
Speaking at the Launch of the National Industrial Policy 2020, Elsie Attafuah, UNDP Resident Representative re-echoed the agency’s commitment to driving economic growth of Uganda.
“Sustainable partnership between the government and Small & Medium Scale Enterprises (SMEs) will drive the development Uganda needs. Public-private Partnership in infrastructural development will fast-track development,” said H.E Attafuah.
She added: “Industrialization is key for economic transformation, export revenues, job creation, poverty reduction, and rapid and sustained prosperity in developing countries like Uganda. These contribute to inclusive growth, resilience & better living standards.”
In early 2020, the influx of COVID-19 subsequently hit manufacturing in Uganda with agro-industries in an economy where agriculture contributes over 21% to the GDP.
The agro-industries were the most hit with many losing jobs & source livelihoods. Manufacturing and value-addition play a crucial role in recovery. We must make strategic choices as we invest in building forward better thru greener & resilient industries,” H.E Attafuah deliberated.
The agency equally revealed that, under their accelerator labs/hubs, they were working with government and private sector to encourage the growth of entrepreneurship in Uganda in efforts to deal with unemployment and pushing for improved livelihood trough amended wealth creation.
Hon. Amelia Kyambadde, the Ministry of Industry, rallied Ugandans to be at the forefront on driving industrial development in Uganda to create wealth and addressing unemployment
Held under the theme a framework of Uganda’s Industrialization, Employment and wealth creation, the industrial Policy is set to be the handbook for policy and strategic implementation that will harmonize all the stakeholders.
We need to stop sitting back to wait for a one Patel (India) or Chon Qin (Chinese) to set up value addition. We need to participate and be a part of the movement to create sustainable growth in Uganda,” said Hon. Kyambadde.
“In whatever sector you are working in, think of an opportunity you can use to turn around your life, our economy and the life of your community. But as you are doing that, look at quality. Mediocrity and shoddy work is not the way to go,” added Hon. Kyambadde
The Trade Minister revealed that the objectives of the National Industrial Policy are were:
- Increase public investment & nurturing of industrial development Projects in strategic areas;
- Increase the supply of quality raw materials 4 value addition in the sector.
“The goal of the National Industrial Policy 2020 is to double the manufacturing value added as a percentage of GDP from the 8.3% in 2018.19 to 16% in 2029/30 and increase industry sector contribution to GDP from 27.1 2018/19 to 31.7percent in the next 10 years,” said Minister Kyambadde.
CONGRATULATIONS 🎉🥳 @GovUganda on the launch of the new National Industrial Policy #NIPUganda2020, that will spur resilient green-growth as we #BuildForwardBetter post #Covid_19. #SDG9@KagutaMuseveni @Parliament_Ug @OPMUganda @ahunnaeziakonwa @ASteiner @ElsieAttafuah @MoICT_Ug pic.twitter.com/Tn4ILBU5c3
— UNDP Uganda (@UNDPUganda) May 4, 2021
The chief guest, Prime Minister, Rt. Hon. Dr. Ruhakana Rugunda praised the collective efforts of all the partners and shared some insights on the National Industrial Policy.
“The gaps in first Uganda’s Industrialization Policy called for a review. I applaud everyone for their contribution to the formulation of this policy. This is a key milestone in the process of industrialization of our country,” said Hon. Rugunda before officiating the unveiling the National Industrial Policy (NIP) and strategy.
Ms Grace Adong Choda, the Ag Permanent Secretary, Ministry of Trade, Industry and cooperatives, commended the UNDP for being a champion of the NIP
“The Government put in place the first NIP in 2008. The UNPD has been a strategic partner since the review, consultation and development of the new National Industrial Policy,” said PS Adong.