(Business in Cameroon) - On February 23, 2018, Ernest Gbwaboubou, the minister of industry met with economic operators, in Douala, to present to them the national industrialization plan (PDI), adopted by government in 2017.
The PDI focuses on three key sectors nameliy, agro-industry, energy and digital. These sectors have been tagged Cameroon’s industrial “sanctuaries” in view of the impact their developmentment could have on the economy.
According to public authorities, the implementation of the PDI should increase the industrial sector’s contribution tn GDP by 11% (from13% to 24%) by 2035.
Moreover, the government wants to transform Cameroon into the “new industrial Africa’s factory” by 2050, thanks to the industrialization plan.
BRM