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Yaoundé - 16 May 2024 -
Thursday, 21 November 2013 07:12

Cameroon Evaluates Industrialisation Strides

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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