Developing manufacturing industries
- Undertaking development of manufacturing industries
Description
Developing manufacturing industries involves establishing and expanding production facilities to transform raw materials into finished goods, thereby creating jobs, diversifying economies, and increasing value-added exports. This strategy addresses issues such as unemployment, overreliance on primary commodities, and trade imbalances by fostering industrial capacity, encouraging technology transfer, and supporting small and medium enterprises. Practical actions include infrastructure investment, workforce training, regulatory reform, and incentives to attract domestic and foreign investment in manufacturing sectors.
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Problem
Value
Reference
SDG
Metadata
Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
- Industry » Industry
- Industry » Manufacture
- Development » Development
Content quality
Yet to rate
Language
English
1A4N
U3641
DOCID
13136410
D7NID
213938
Editing link
Official link
Last update
Jan 26, 2023