The EAC Vision 2050 lays out a broad perspective in which the region optimizes the utilisation of its resources to accelerate productivity and the social wellbeing of its people. It portrays a future East Africa with rising personal prosperity in cohesive societies, competitive economies, and strong inter-regional interaction. It is a dynamic process starting from the year 2016 and implemented through flexible medium and short term plans. The vital development concerns identified in the EAC Vision 2050 include: persistent poverty; unbalanced distribution of economic and social infrastructure; inadequate social cohesion; lack of human capital; sub-optimal utilization of natural resources; inadequate exploitation of mineral resources; poor infrastructure that hampers development; increasing unemployment especially among the youth; unplanned urban setting; low investment in research and development; low levels of industrialization and lack of competiveness; insufficient energy supplies; and weak accountability. The Vision goal for infrastructure development is improving access to affordable and efficient regional transport, energy and communication network for increased competitiveness.In agriculture, food security and rural development the goal of the Vision is increasing investment and enhancing agricultural productivity for food security and a transformation of the rural economy. The Policy further set out goal for sustainable utilisation of natural resources, environment management and conservation with enhanced value addition. Trade, good governance, peace and security are among covered goals in this Vision. This EAC Vision 2050 document is divided into four chapters. The first chapter contains the introductory part, background and situational analysis. The second chapter explains the justification for the Vision 2050. The third chapter titled “Pillars of Vision 2050” contains five pillars. These pillars are integral to the very idea of transformation, value addition and growth needed for accelerating momentum for sustained growth over the long term. The fourth Chapter elaborates the implementation framework of the EAC Vision 2050, including the financing and monitoring and evaluation mechanisms.
2016-02-01