Daily Monitor
Thursday December 31 2020
Women work in a textlie factory. The industrial value chains targeted for immediate investment are in agro-based industries, such as textiles. PHOTO | Kelvin Atuhaire
Summary
A statement from the ministry indicates that the new policy passed this month consolidates the achievements of the National Industrial Policy 2008; and gives new direction to the industrial sector for the next 10 years, taking into account the emerging issues in the economy.
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Cabinet has approved the National Industrial Policy 2020, which will shape the country’s industrial growth and development over the next 10 years.
According to the Trade Minister, Amelia Kyambadde, the implementation of the new policy takes effect this financial year.
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