Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

Goal 9 seeks to build resilient infrastructure, promote sustainable industrialization and foster innovation. Economic growth, social development and climate action are heavily dependent on investments in infrastructure, sustainable industrial development and technological progress. In the face of a rapidly changing global economic landscape and increasing inequalities, sustained growth must include industrialization that first of all, makes opportunities accessible to all people, and second, is supported by innovation and resilient infrastructure. Even before the outbreak of the COVID-19 pandemic, global manufacturing – considered an engine of overall economic growth – has been steadily declining due to tariffs and trade tensions. The manufacturing decline caused by the pandemic has further caused serious impacts on the global economy. This is primarily due to high inflation, energy price shocks, persistent disruptions in the supply of raw materials and intermediate goods, and global economic deceleration. While LDCs in Asia have made considerable progress, African LDCs would need to change the current trajectory and accelerate progress significantly to attain the target by 2030. However, medium-high and high-technology industries demonstrated robust growth rates.