China and UNIDO strengthen cooperation to support the development of sustainable industrial parks in developing countries

The United Nations Industrial Development Organization (UNIDO) and the Government of People’s Republic of China have agreed to strengthen cooperation to further support the development and promotion of sustainable industrial parks in developing countries and economies in transition.

A global project, titled “Promoting sustainable industrial parks via South-South and triangular industrial cooperation platform”, has been approved to this purpose, and will be fully funded by the Government of China.

The overall objective of this project is to contribute to government capacity to effectively plan and execute sustainable industrial park policies, programmes and strategies for the realization of the 2030 Agenda and inclusive and sustainable industrial development (ISID). By establishing a sustainable industrial park centre of excellence, knowledge hub and training academy, the project will improve the accessibility and availability of industrial knowledge and best practices.

Developed within the framework of South-South and triangular industrial cooperation (SSTIC), the project will stimulate dialogue and initiatives oriented towards increasing South-South solidarity, mutually beneficial partnerships and networking to achieve industrialization through the sustainable industrial park development modality.

The project will also support the implementation of UNIDO’s Programme for Country Partnership (PCP), the Third Industrial Development Decade for Africa (IDDA3), and the Belt and Road Initiative (BRI).

The Government of the People’s Republic of China and UNIDO have a long history of cooperation on the development and promotion of sustainable industrial parks around the world. Funded by the Government of China, a UNIDO project launched in 2018 supported the development of “International Guidelines for Industrial Parks”, thereby enhancing the Organization’s normative function on sustainable industrial parks and facilitating knowledge sharing.

Original source: UNIDO
Published on 17 June 2020