Government Support for Local Manufacturers to Enhance Competitiveness

TLDR

• Mr Londo said the government’s Vision 2050 places local industries at the centre of economic transformation by promoting the use of domestic expertise, resources and raw materials to drive industrial growth, create jobs.
• Vision 2050 seeks to ensure locally manufactured products have a reliable market.
• KIBAHA: THE government is strengthening support for local manufacturers to enhance their competitiveness by increasing production of high-quality goods and reducing dependence on imports.
• The government is committed to helping industries expand, create employment and make greater use of locally available raw materials instead of relying heavily on imports,” he said.
• He urged GF Vehicle Assemblers to begin manufacturing components such as dashboards and other vehicle parts using locally available materials to strengthen domestic supply chains and support related industries.