Zimbabwe Government launch ZNIDP to help add value, increase employment and promote a culture for saving.
Government of Zimbabwe has launch a Zimbabwe National Industrial Policy (ZNIDP) that will help transform the nation economy. The aim for the policy will be to add value, increase employment level as well as promote a culture for savings.
Industry and Commerce Minister Nqobizitha Mangaliso Ndlovu said through the ZNIDP, Government will ensure a conducive operating environment for the private sector. He also said it will spearhead the implementation of key policy.
The ZNIDP will seek to turn the manufacturing sector into a technologically advanced, competitive and diversified industry by 2030. It will further promote the development of sustainable, innovative, inclusive and globally competitive industrial and commercial enterprises for improved consumer welfare and economic growth.
ZNIDP will be anchoring on investment and innovation-led industrialisation. It will also have a deliberate emphasis on export growth to generate more foreign currency for the country.
The policy comes at a time when other government policies are shaping the domestic policy environment. Such policy includes the Transitional Stabilisation Programme (TSP).