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Industrial Parks as a Solution to Expanding Urbanization: A Case of Sub-Saharan Africa
Abstract
In a bid to foster the continent's industrialization, Sub-Saharan Africa launched industrial clusters or parks for channeling foreign know-how and capital and are bypassing the many obstacles of domestic business environments. Due to the high degree of failure experienced in many parts Africa, the China model of success story can serve as a case study of commitment top leadership, political goodwill, focused legal and regulatory framework, setting up favorable location advantages, tax breaks, duty-free imports of raw materials, export tax exemption, updated and modern technologies. It is also important African industrial development to build local manufacturing capacity, skilled people, including strengthening the concept of public-private partnership, but above all, investing in infrastructure.
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