The Road to Sustainable Industrialization: What It Takes

Wednesday , 27 May 2015 – 14:00 – 15:30

Description :              
Industrialization via the development of labour-intensive light manufacturing is the key for jumpstarting economic transformation and achieving sustainable, inclusive growth in low-income countries. The pending relocation of light manufacturing from China and other emerging markets due to rising wages in those economies provides a golden opportunity for industrialization in Africa.

Venue : Majestic Ivoire, Sofitel Abidjan Hôtel Ivoire                      

Issues for Discussion :
The panel examines the current state of economic transformation, the effective approach, the role of multilateral development institutions, and special economic zone in Africa’s industrialization. This panel will also analyse the case of C&H Garments to show how a land-locked country grasps the opportunity of global relocation of export-oriented light manufacturing.

Rapporteur : Ms. Jacqueline Odula, AfDB

It is important to remember that the so-called “New Africa” is made up of 54 countries in five regions. Africa is not a single monolithic whole. The only safe generalisation is that Africa is planning, managing and starting to finance its own destiny.

Donald Kaberuka, AfDB President

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