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Industrial Development Policy 2015-2022.

Country
Type of law
Policy
Source

Abstract
This policy sets out what the Kingdom of Swaziland intends to achieve (the vision, mission, objectives, policy interventions and strategies) in the area of industrial and trade development towards attainment of Vision 2022 targets; this is the first Industrial Development Policy. Policies and Strategies are the following: 1) The Government of the Kingdom of Swaziland will promote value addition and beneficiation of local primary products into high value processed products and the development of national, regional and global value chains in key sectors; 2) The Government of the Kingdom of Swaziland will increase and strengthen human capacity and skills development for industrialisation.; 3) The Government of the Kingdom of Swaziland will ensure industrial support in the Regulatory and Quality Infrastructure areas, i.e. Standardisation, Metrology, Quality Assurance, Accreditation and Technical Regulations for a competitive industrial development; 4) The Government of the Kingdom of Swaziland will promote R&D and innovation to increase the manufacturing base; 5) The Government of the Kingdom of Swaziland will liberalise the trade in services sector for economic transformation; 6) The Government of the Kingdom of Swaziland will form cluster and sector driven industrialisation, through agglomeration of interlinked production activities.; 7) The Government of the Kingdom of Swaziland will increase opportunities for access to finance for domestic investors within the industrial sector; 8) The Government of the Kingdom of Swaziland will continue the development of quality infrastructure to support industrialization; 9) The Government of the Kingdom of Swaziland will improve the investment climate to encourage both domestic and foreign investment; 10) The Government of the Kingdom of Swaziland will create an enabling environment to support development of small medium and micro enterprises; 11) The Government of the Kingdom of Swaziland will create an enabling environment for the participation of women, youth, and people living with disabilities; 12) The Government of the Kingdom of Swaziland will create a sustainable environment for industrialisation.; 13) The Government of the Kingdom of Swaziland will encourage fair competition to enhance both efficient and cost effective marketing; 14) The Government of the Kingdom of Swaziland will support the liberalization of goods and services.
An Implementation Plan and Strategy will be developed to guide the implementation of the Industrial Policy.
Date of text
Repealed
No
Source language

English

Legislation Amendment
No