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National Industry Development Policy and Strategy FY2024/2025 – FY2033/2034.

Country
Type of law
Policy
Source

Abstract
The National Industry Development Policy and Strategy (FY2024/25–FY2033/34) sets out Samoa’s ten‑year framework for industry transformation, defining industry broadly as all non‑subsistence private‑sector activity and aligning national priorities with the Pathway for the Development of Samoa and the Samoa 2040 Roadmap. The Policy sets a vision of accelerating the transformation of priority industries where Samoa holds potential competitive advantage to drive sustainable and inclusive economic growth. Its long‑term objectives are to increase sustainable prosperity, shift activity toward higher‑productivity industries, encourage investment in emerging sectors, expand formalisation and quality employment, and strengthen Samoa’s trade balance. It establishes five thematic goals—Innovation and Entrepreneurship, Diversification and Productivity, Infrastructure and Services, Partnerships for Industry Development and Skilled Labour Force Development—supported by measures such as sector‑specific research, investment in information and communications technology and renewable energy, reforms to improve the business environment and reduce export and shipping costs, facilitation of public–private partnerships, alignment of state‑owned enterprises with industry objectives, development of tailored financing instruments, and programmes to strengthen technical and vocational education and digital skills.
Date of text
Repealed
No
Source language

English

Legislation Amendment
No