The country’s ideal location in the Indian Ocean establishes it as an ideal trade hub between Asia and Africa. Trade is further facilitated through membership with regional trade blocs, but also through preferential trade agreements signed with several countries.
To attain defined objectives in terms of trade for sectors falling under the New Industries Cluster, specific trade initiatives have been put in place to optimise the visibility of locally manufactured products on the international scene. Participation to sector-specific exhibitions such as Bijorhca (Paris, France) for the jewellery sector, Vita Food (Germany) for the food processing sector or Micronora (Besancon, France) for the medical devices sector, are events which have been earmarked by the cluster this year. Additionally, Buyers-Sellers meetings for specific sectors are organised on a regular basis in targeted export markets.
The New Industries cluster will be at the forefront of EDB’s strategy to devise an appropriate roadmap for the development of the growth poles through investor targeting, capacity building as well as export promotion.
Specific high value-added and technology-intensive sectors are being targeted:
- Medical devices
- Technical textiles (Non-Garment & Apparel)
- Electronic component and devices
- Optical products
- High-end jewellery
- OEM manufacturing (automotive components, aircraft components etc.)
- Precision engineering
- Light engineering
- Food processing
- Printing & Packaging