Govt fi­nalises in­dus­trial pol­icy

Chronicle (Zimbabwe) - - Front Page - Free­dom Mu­panedemo

GOV­ERN­MENT is fi­nal­is­ing the for­mu­la­tion of a new Zim­babwe Na­tional In­dus­tri­al­i­sa­tion Pol­icy 2018-2022 cen­tred on de­vel­op­ing and fa­cil­i­tat­ing in­dus­trial link­ages across all sec­tors of the econ­omy.

Speak­ing dur­ing a tour of Sable Chem­i­cal In­dus­tries by Pres­i­dent Em­mer­son Mnan­gagwa on Wed­nes­day, In­dus­try and Com­merce Min­is­ter Mike Bimha said the com­pany was one of the strate­gic com­pa­nies to the suc­cess of the coun­try’s in­dus­tri­al­i­sa­tion agenda.

“The Zim­babwe Na­tional In­dus­tri­al­i­sa­tion Pol­icy 2018 -2022 is cen­tred on de­vel­op­ment and fa­cil­i­ta­tion of in­dus­trial link­ages across key sec­tors of the econ­omy namely agri­cul­ture, min­ing man­u­fac­tur­ing and ser­vices,’ he said.

“Sable Chem­i­cal In­dus­tries is thus one com­pany with a unique prod­uct that is vi­tal to both the agri­cul­tural and min­ing sec­tors.”

Min­is­ter Bimha said the com­pany was im­por­tant in the coun­try’s in­dus­tri­al­i­sa­tion ma­trix as it cuts across all sec­tors of the econ­omy.

He said the de­vel­op­ment of in­dus­tries in the coun­try was cen­tred on strate­gi­cally po­si­tioned com­pa­nies like Sable Chem­i­cal In­dus­tries.

“This com­pany makes ex­ten­sive use of both road and rail trans­port, in­sur­ance and other ser­vices,” said Min­is­ter Bimha. ‘

It thus cuts across the whole spec­trum of the eco­nomic sec­tors as en­vi­sioned in our in­dus­tri­al­i­sa­tion pol­icy.

“It is a strate­gic com­pany that is vi­tal to the suc­cess of the coun­try’s in­dus­trial and agrar­ian re­form agenda.” Min­is­ter Bimha said his Min­istry was pri­ori­tis­ing the re­vival of com­pa­nies like Sable Chem­i­cal In­dus­tries and this ex­plained why the Pres­i­dent, who was ac­com­pa­nied by Vice Pres­i­dent Con­stantino Chi­wenga, toured the com­pany.

“As such, my min­istry is ded­i­cated to see an im­prove­ment in the ca­pac­ity util­i­sa­tion at Sable Chem­i­cal In­dus­tries,” he said.

Min­is­ter Bimha said the move will lead to em­ploy­ment cre­ation, im­proved im­port sub­sti­tu­tion and the cre­ation of new syn­er­gies with other firms across in­dus­tries.

“This visit, Cde Pres­i­dent, has, there­fore, pro­vided a win­dow for you into the op­por­tu­ni­ties and chal­lenges of this com­pany and its im­por­tance to the coun­try’s in­dus­tri­al­i­sa­tion agenda.”

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