National Industry Symposium in Burkina Faso: The results considered positive

Published Feb. 2, 2021, 5:47 p.m.

The Minister of Industry, Trade and Crafts Harouna Kaboré chaired the review meeting of the National Symposium on Industry on January 28 and 29, 2021 in Bobo-Dioulasso. Launched in 2018 with 49 recommendations, the assessment of the implementation of this economic development strategy has already garnered 40 effective points and sevenn in progress.

 

How to build the bases for the revitalization of the Burkinabè economy? This concern led the Ministry of Industry, Trade and Handicrafts to organize a "National Symposium on Industry" in 2018 in Bobo-Dioulasso. Three years later, the players recorded a “satisfactory” record. Out of 49 recommendations made, forty have been implemented and seven are in progress. That’s just two unrealized points on top of new things that arose later on, such as the impact of coronavirus disease.

Political commitment

But above all, the Minister of Industry, Trade and Handicrafts Harouna Kaboré thanks the political commitment that immediately manifested itself around this development policy.

Harouna Kaboré, MICA Harouna Kaboré, Minister of Industry

In particular by the change of name of its department which reflects "a clear option on the priority given to industrialization in our country, in order to effect the structural transformation of the economy, in accordance with the guidelines of the President of Faso".

New directions

At the end of the 48 hours of evaluation placed under the theme "Implementation of the recommendations resulting from the national symposium on industry 2018, state of implementation, assessment and prospects for a successful industrialization of Burkina Faso", new orientations have been defined.

Among others, “the re-reading of the orientation law on investment, the creation of specialized incubators in universities, the establishment within AFP-PME of a guarantee fund for the benefit of craft businesses and the contribution of the Company for Support and Financing of Enterprises (SAFINE sa) for the financing of SMIs ”.

"We can rejoice"

The President of the CCI / BF des Hauts-Bassins Lassiné Diawara

The President of the CCI / BF des Hauts-Bassins Lassiné Diawara

The president of the consular delegation of the Chamber of Commerce and Industry of Burkina Faso (CCI / BF) of the Hauts-Bassins region Lassiné Diawara calls for the removal of "bottlenecks" which limit access to credit .

However, he appreciates the successes already achieved. "We can be happy to be on the right track," he admits.

Team work

Like him, the Minister of Industry, Trade and Handicrafts Harouna Kaboré congratulates the "major advances" in order to reduce the difficulties encountered by the economic sector.

For him, future feats as well as those already achieved are everyone's merits. "There are no lonely heroes, together we are going to succeed," he said.

View of participants

As a reminder, the forty-nine recommendations of the 2018 symposium were divided into four themes related respectively to the framework and regulations, financing and capacity building, factors of production (energy and support infrastructure for industry) and economic governance and the information system.


Read full article

0 Comments

Login to join the discussion

Copyright © 2021 ouagatimes.com. All rights reserved. Distributed by The Ouagadougou Times (ouagatimes.com), A subsidiary of Tengsoba LLC. The Ouagadougou Times publishes hundreds of reports a day from hundreds of institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which The Ouagadougou Times does not have the legal right to edit or correct. Articles and commentaries that identify The Ouagadougou Times as the publisher are produced or commissioned by The Ouagadougou Times. To address comments or complaints, please Contact us.