2nd East African Manufacturing Business Summit Provides Stage for Automotive Industry

Entry Date Apr 21 2017 // News, Events

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.

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