(Business in Cameroon) - Cameroon joined the rest of the African continent on November 20, 2013 to observe the 24th African Industrialisation Day with emphasis on ways of accelerating the process to give emergence a chance.
Speaking during commemorative activities in Yaounde, the Secretary of State in the Ministry of Industries, Mines and Technological Development, Dr Fuh Calistus Gentry, said industrialization is indispensable in the socio-economic development highly sought for by government.
Placed on the theme, “Job creation and the development of entrepreneurship,” Dr Fuh Calistus said the Day gave decision-makers the opportunity to reflect on policies of industrial development and re-orientate on those that ensure job creation to swallow the country’s numerous unemployed citizens.
The creation of an Investment Promotion Agency and the recent adoption of a law on private investment incentives in the country, the Secretary of State noted, testify to government’s resolve to give development a chance with industrialization as a tool.
Giant energy projects in place are assuring of energy availability in no distant future and would give a significant boost to the industrialization.
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