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(j)
promote joint industrial development projects as well as the creation of multinational
enterprises in priority industrial sub-sectors likely to contribute to the development of
agriculture, transport and communications, natural resources and energy.
9.
In order to create a solid basic for industrialization and promote collective self reliance,
Member States shall:
(a)
ensure, on the one hand, the development of industries essential for collective
self-reliance and, on the other, the modernization of priority sectors of the economy
especially:
(i)
food and agro-based industries;
(ii)
building and construction industries;
(iii)
metallurgical industries;
(iv)
mechanical industries;
(v)
electrical, electronics and computer industries;
(vi)
pharmaceutical, chemical and petrochemical industries;.
(vii)
forestry industries;
(viii)
energy industries;
(ix)
textile and leather industries;
(x)
transport and communications industries;
(xi)
bio-technology industries;
(xii)
tourist and cultural industries.
(b)
give priority and encouragement to the establishment and strengthening of private and
public multinational industrial projects likely to promote integration;
(c)
ensure the promotion of medium and small-scale industries;
(d)
promote intermediate industries that have strong linkages to the economy in order to
increase the local component of industrial output within the Community;
(e)
prepare a regional master plan for the establishment of industries particularly those
whose construction cost and volume of production exceed national, financial and
absorptive capacities;
(f)
encourage the establishment of specialised institutions for the financing of West
African multinational industrial projects;
(g)
facilitate the establishment of West African multinational enterprises and encourage
the participation of West African entrepreneurs in the regional industrialization
process;
(h)
promote the sale and consumption of strategic industrial products manufactured in
Member States;