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Industrial sector forges ahead

The contribution made by the industrial sector to the country's GDP growth remains crucial in an accelerated economic growth path. The potential development sectors span across different industries where significant contribution is made towards economic growth, "three", the quarterly issue of the Heraymila Securities Limited said.

The industrial activity is mainly driven by construction and manufacturing. The overall industry sector performance is encouraging and in aggregate manufacturing activity recorded a strong growth in 2010 indicating continued growth in 2011 as well.

"According to analysts the industrial sector is expected to grow at a robust pace through 2011," it said. SJ

 

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