More private sector industrial policy input needed

Friday, October 22, 2010

Southern African industrial policymakers needed to understand and interact with company-level decision makers, because it was the private sector that would ultimately spur industrial development in the region.

Trade Law Centre for Southern Africa executive director, Trudi Hartzenberg, said recently that industrial policy was all about what government could do to influence company-level decision-making and attract industrial development.

South African Institute for International Affairs trade programme head, Catherine Grant, added that labour policy issues and network services must buttress industrial policy with a focus on horizontal issues, rather than trying to focus on sectoral policies.

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More private sector industrial policy input needed

Southern African industrial policymakers needed to understand and interact with company-level decision makers, because it was the private sector that would ultimately spur industrial development in the region.