SADC urged to boost foreign investment to accelerate industrialization


  • World
  • Tuesday, 30 Jul 2024

HARARE, July 29 (Xinhua) -- The Southern African Development Community (SADC) region needs to boost foreign investments and value addition of its mineral resources to accelerate industrialization, an official said on Monday.

Speaking at the seventh edition of the SADC Industrialization Week, which officially opened in the Zimbabwean capital of Harare, Zimbabwean Finance Minister Mthuli Ncube expressed concern over the region's continued reliance on primary industries to drive economic growth.

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