7.1.3: Manufacturing
The long-term goal is to increase manufacturing output with growing value addition, export development and employment creation. Other Information:
Medium-term Expected Outcome: The medium term outcome for the sector is to increase the contribution of the manufacturing
sector to economic growth. Currently, the sector is small, output has stagnated and there is low capacity utilization across
all sub-sectors. Capacity utilization is hindered by high cost of doing business and poor management. Most firms use relatively
simple technology and rely on imports for their intermediate inputs. In addition, the industry faces difficulties in accessing
markets due to low product quality and high costs of inputs, poor infrastructure (roads, water, and energy) and a discretionary
system of taxes, rebates and incentives. Key Strategies: The Government will work with the private sector to establish conditions
for manufacturing to take off. The private sector will look for ways to strengthen the links with raw material sources, especially
in the agricultural sector and consider additional processing in the rural areas. Government will also take appropriate measures
to promote private sector investment among other things through empowering indigenous businesses.
Indicator(s):
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