economy
Boosting Trade, Commerce and Industrial Development
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To reduce reliance on tobacco and diversify the economy, President Chakwera has prioritized trade and industry as drivers of job creation and exports.
The government has focused on industrial parks, SME support, and value chain development.
Problems to be solved
Narrow export base heavily reliant on raw commodities
Weak SME competitiveness and informal market structures
Limited industrial infrastructure
Opportunities to unlock
Launched Special Economic Zones and industrial parks to attract manufacturing and processing investments
Introduced SME Industrialization Fund to support business scaling and formalization
Enhanced protectionist policies to promote local products and services