Economy

Burundi industry is struggling, industrialists say

The Association of Burundi Industrialists (AIB) reveals that this sector confronts financial and technical problems.

Olivier Suguru, chairman of the Association of Burundi Industrialists: “Burundi industry faces the lack of energy, foreign currencies and reliable and developed infrastructure,”

“Burundi industry faces the lack of energy, foreign currencies and reliable and developed infrastructure,” said Olivier Suguru, chairman of the Association of Burundi Industrialists. It was in an exchange workshop organized by AIB along with the Ministry of Trade, Industry and Tourism on the occasion of the Africa Industrialization Day
He, however, says that industrial sector in Burundi is facing similar problems as other developing countries.

Besides that, Suguru says Burundi industry faces the lack of qualified personnel and the legal framework. Olivier Suguru also says piracy and counterfeiting paralyze industrialization in Burundi.

Jean Marie Niyokindi, Minister of Trade, Tourism and Industry said that the government is making many efforts to find solutions to the raised issues. He cited dams that are under construction. “One cannot develop industry without energy,” he said.

Concerning the lack of infrastructure, the Minister of Trade, Tourism and Industry also says that there are roads that are being built as well. Jean Marie Niyokindi has called on women to get involved in industry in order to achieve inclusive and sustainable industrialization in Burundi.

About the legal framework, Olivier Suguru asks the government to enact laws on counterfeiting and piracy. He also proposes the creation of a permanent framework of consultation between the ministry in charge of industry and the association of industrialists.
He also calls for the establishment of the national industrialization policy.

Olivier Suguru, chairman of the industrialists association specifies that the industrial sector represents 17% of GDP (Gross Domestic Product) and employs 2% of the Burundian population.