3 May 2011

Cameroon: Economic Competitiveness - EU, ONUDI Train Nationals on Diagnostic Analysis

In view of the putting in place of the European Union Economic Partnership Agreement, the European Union (EU), United Nations Industrial Development Organisation (ONUDI), in partnership with the government of Cameroon are upgrading the capacities of local enterprises to make them competitive with others from elsewhere when the partnership agreement effectively goes operational. 

This was the focus of a week-long capacity building workshop for experts in various sector of the economy in Yaounde from April 25 - 29. It drilled Cameroonian experts on economic competitiveness mechanisms who will in turn help national enterprises to better organise their marketing strategies, financial arrangements and their production capacity so as to have a greater access to markets within and without the country. The training was within the framework of the Pilot programme to support the upgrading, normalisation and quality of Cameroon enterprises (PPAMNQ).
The programme, whose objective is to ensure the competitiveness of the country's enterprises, is financed by the European Union to the tune of FCFA 2.5 billion with the contribution from Cameroon as well as technical support from ONUDI.
According to Jean Claude Chimi, National Financial Expert of PPAMNQ, the over 80 experts trained during the seminar will go into these companies to do a financial market, human resources and technical analyses and to advise the enterprises on what potentials they have, their limitations, opportunities and threats they might have in the country and subsequently make some recommendations.
"The experts have been trained on human resource management, finance, production and computer system and marketing. With the assessment we have made, we will choose in each module at least four experts to assist some 15 pilot companies in their diagnosis and upgrading", he said.
Speaking during the closing ceremony of the training, the Director General of Economy, Planning and Public Investment in the Ministry of the Economy, Planning and Regional Development, Dieudonné Bondoma Yokono, said government attaches a lot of importance to the competitiveness of the economy and building the capacities of experts in various sectors of the economy was welcome. "This is in line with the country's long-term growth strategy contained in the Growth and Employment Strategy Paper", he added.

No comments:

Post a Comment

Your opinion is important and welcome!!