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African industrialization key to cutting poverty, UN officials say

22 Nov '06
2 min read

“The key objectives of this important initiative include market access, value addition based on local resources, diversification, technology diffusion, industrial upgrading, regional integration and poverty alleviation through job creation,” she observed.

She also hailed the decision of the African Union to devote its summit in July 2007 to the theme of industrial development, saying this “should give renewed impetus to sustainable industrial growth throughout the continent.”

The General Assembly President noted that this year the Day coincides with UNIDO's 40th anniversary, and voiced hope that the agency will have “continued success in meeting the challenges of industrial development in the years ahead.”

United Nations

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