Arusha, Tanzania: April 10, 2017 - The 2nd high- level East African Manufacturing
Business Summit (2EAMBS) co-organized by the East African Business Council
(EABC) and the East African Community (EAC) is scheduled as a three day event,
to take place in 23rd -25th May 2017 at Serena Hotel in
Kigali, Rwanda.
The
debut East African Manufacturing Business Summit, held in October 2015 in Kampala,
Uganda, had recommended the formulation of a regional policy for motor vehicles,
textiles & apparels, leather & leather products to create a coherent
policy regime for the development of these sectors, which are crucial for
employment creation and poverty reduction.
As there has been a lot
of development in the automotive sector in EAC, 2EABMS will hold one exclusive
industry round table on automotive. Heavy weights of the East African automotive
industry will have the stage to make their points towards decision makers from
EAC.
Early
February this year, EAC Sectoral Council on Trade, Industry, Finance and
Investment (SCTIFI) considered the progress of the study report on the
promotion of automotive industry in EAC, which is expected to be finalized in
April 2017.
The
dedicated round table will look at regional regulations affecting the automotive
industry such as Common External Tariff and discuss how to boost the volume driven
sector given the high cost of plant investment.
“The
private sector is expected to play the lead role in the development and
investment of the automotive industry, by setting up assembly plants with enough
capacity to satisfy the regional demand“said Lilian Awinja EABC CEO.
“The
2EAMBS seeks to create an avenue for the private sector under EABC to influence
policy and campaign for the acceleration of industrial reforms to improve the
investment conditions in the EAC strategic sectors” said Lilian Awinja EABC
CEO.
Other
industry round tables will be held on agro-processing and agri-business;
mineral processing; pharmaceuticals; construction materials; fertilizers &
agro-chemicals as well as leather & textiles.
The
2nd East African Manufacturing Business Summit will also offer an exhibition
where investors, enterprises, researchers and academia can collectively
showcase new products and services as well as latest innovations in
manufacturing, particularly those with relevance to small and medium
enterprises (SMEs).
His Excellency Paul Kagame, President
of Rwanda, is expected as chief guest at the event and to officially open the
conference and exhibition. Hon. Liberat Mfumukeko, Secretary General of the EAC
as well as the respective Ministers from all EAC Partner States are also
invited to demonstrate their efforts in promoting investments in the regional
manufacturing sector. EABC Chairman and board of Directors will be present to
actively contribute to the discussions.
The
2EAMBS is co-hosted by the Rwanda Association of Manufacturers (RAM) and the
Rwandan Ministry of Trade Industry & EAC Affairs and is also strongly
supported by all national Manufacturers' Associations from the EAC partner
States and is expected to attract over 400 stakeholders from public and private
sector.
About East African
Business Council
The East
African Business Council (EABC) is the apex body of business associations of
the Private Sector and Corporates from the 5 East African Countries. It was
established in 1997 to foster the interests of the Private Sector in the
integration process of the East African Community. For more information
about EABC, visit its website at www.eabc.info.
For more information please contact:
Ms. Lilian
Awinja – Chief Executive Officer
The
East African Business Council (EABC) - The
Voice of Private Sector in East Africa
P. O. Box 2617 | Plot No. 01
| Olorien House | Perfect Printers Street | Arusha | Tanzania
Tel: +255
(27) 2543047 Fax: +255 272543047 Cell +255
758 124 318
Email:
info@eabc-online.com
Website: www.eabc.info
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