A communique issued after the 34th Summit of Southern African Development Community (SADC), which ended in the Zimbabwean resort town of Victoria Falls on
Monday, said industrialization should "take center stage" in SADC's regional
integration agenda.
Zimbabwean President Robert Mugabe emphasized the importance of balance between industrialization and trade as he took over the chair of the 15-member
regional bloc.
"Failure to do that will result in a region which has worked on market liberalization but without the requisite goods to sell," he said.
For a long time Cheap Blackhawks Jerseys , southern African countries have heavily relied on imports from South Africa, also a member of the SADC. In Zimbabwe alone, supermarkets
are stocked with South African imports, which account for almost 90 percent of
the goods on the shelves.
"We appealed to South Africa, which is highly industrialized, to lead us Wholesale Chicago Blackhawks Jerseys , to work with us, cooperate with us, and not just to regard the rest of the continent as an open market for products from South
Africa," Mugabe said.
The SADC region is home to an array of mineral resources, but it remains severely underdeveloped and heavily relies on exportation of raw materials to
prop up its economies.
According to an SADC report on industrial policy and strategies, approximately 85 percent of the region's non-petrol exports are raw mineral and
agricultural goods.
Munetsi Madakufamba Cheap Chicago Blackhawks Jerseys , executive director of the Harare-based Southern African Research and Documentation Center (SARDC), said the SADC and the rest of Africa
have no choice but to break from the current consumption and commodity exports
development path to a more sustainable development model based on industrial
competitiveness.
He said economies built on a weak economic infrastructure base -- including poor road, rail and air networks, power shortages, lack of access to appropriate
modern technologies, and lack of access to affordable capital for investment in
industrial development -- remain the main challenges.
Responding to a question from Xinhua after the summit Gustav Forsling Blackhawks Jersey , Mugabe said he will seek more Chinese investment to fund infrastructure development and value-addition projects in the
region.
He said the way forward is to target the development of high priority infrastructure projects.
"We, at the same time, actively engage targeted investors and financiers with celebrated track records," he added. "Emphasis should therefore be on
cooperation in the implementation of cross-border infrastructure projects."
According to the 2014 UN Conference on Trade and Development (UNCTD) world investment report, the SADC economy received 13 billion U.S. dollars of foreign
direct investment (FDI) in 2013, up from 4.5 billion dollars in 2000. As the
figure grows John Hayden Blackhawks Jersey , China has emerged as one of the SADC's primary FDI sources.
Across the region, Chinese companies are building roads, dams, power stations and factories.
Rangarirai Machemedze of the SADC Council of Non-Governmental Organizations said there are huge opportunities for China in the SADC's ambition to develop
cross-border infrastructure.
"I am seeing, in this case, a role for the Chinese and other progressive partners who want to partner SADC in developing this kind of infrastructure.
There is no way you can leave out China in the development of this
infrastructure Brandon Manning Blackhawks Jersey ," Machemedze said.
Madakufamba, from the SARDC, said weak and disconnected infrastructure was one of the biggest challenges hindering regional integration and development,
not only in the sub-region of the SADC, but in Africa as a whole.
He noted that the region has come up with a five-year revised Regional Infrastructure Development Master Plan (RIDMP) in which the flagship special
development project -- the North-South Corridor Project -- needs to be supported
by development partners.
The corridor project is a comprehensive initiative that covers road, rail Brandon Saad Blackhawks Jersey , sea ports, border posts, energy infrastructure improvement, trade and transport facilitation.
Some of the planned corridor programs include the construction of more than 8,000 km of road, rehabilitation of 600 km of rail track and upgrading of the
Dar es Salaam port Artem Anisimov Blackhawks Jersey , one of the biggest ports in Africa.
The project also includes power projects like the construction of the Zambia-Tanzania-Kenya transmission line and the Zambia-Democratic Republic of
Congo Interconnector project.
"Gone are the days when decisions on flow of capital into Africa were dictated by the former colonial metropolises," Madakufamba said, explaining that
the arrival of China and other BRICS countries -- Brazil, Russia, India and
South Africa -- on the global stage has democratized access to capital and
widened options.
In the eyes of Machemedze, it was now up to the SADC to put in place the regulatory environment that will enable the infrastructure to be developed with
"clear standards Chris Kunitz Blackhawks Jersey , targets and quality assurance adherence."
He emphasized that such infrastructure must serve the interests of the 290 million people in the region and address inequality within and between countries
in the region.
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