SME

To effectively implement the EAC Industrialisation Strategy, five-year Action Plans are developed to progressively steer the region in achieving its vision.

 The Mission

The mission of the EAC Industrialisation Strategy is “to create a market driven, regionally and internationally competitive and balanced industrial sector based on the comparative and competitive advantages of the EAC region”.

 Main objective

The overall objective of the East African Industrialisation Strategy (2012-2032) is to enhance industrial production and productivity and accelerate the structural transformation of the economies of the EAC for attainment of sustainable wealth creation, improved incomes and a higher standard of living for the Community.

Specific Targets

Basing on consultation with stakeholders in the five Partner States and a review of other regional blocs’ industrialisation strategies, and the global trends in industrial development, the EAC Industrialisation Strategy aims to achieve the following 5 specific targets over the 20-year period of its implementation:

  1. Diversifying the manufacturing base and raising local value-added content of resource-based exports to at least 40% by 2032;
  2. Strengthening institutional frameworks and capabilities for industrial policy design and implementation, and effective delivery of support services;
  3. Strengthening Research & Development, Technology and Innovation capabilities to foster structural transformation of the manufacturing sector and industrial upgrading;
  4. Expanding trade in manufacturing by increasing:
      1. intra-regional manufacturing exports relative to total manufactured imports in to the region to at least 25% by 2032 and
      2. increasing the share of manufactured exports relative to total merchandise exports to at least 60%; and
  1. Transforming Micro Small and Medium Enterprises into viable and sustainable business entities capable of contributing to at least 50% of manufacturing GDP up from 20% base rate.