Costed Action Plan for SADC Industrialization Strategy and Roadmap Mission To provide a framework for enhanced cooperation and exploitation of synergies among SADC Member States to build a diversified, innovative and globally competitive industrial base, which contributes to sustainable growth and employment creation. Principles The SADC Industrial Development Policy Framework is premised on the following guiding principles: (i) Regionality which requires that policy interventions and measures should have a regional focus and allow policy space and flexibility for national industrial policies and strategies. (ii) Additionality which requires that regional industrial cooperation should add value to national industrial policies and strategies. (iii) Diversity of Member States creates an opportunity for enhancing regional industrial integration, growth and broad based manufacturing. (iv) Responsiveness which requires that regional interventions and measures should be aligned to the broader SADC objectives of reducing poverty, creation of employment and sustainable livelihoods. (v) Realism and Implementability which requires that regional interventions and measures be based on a realistic action plan with measurable targets biased towards short term interventions and subject to results based monitoring. (vi) Inclusiveness which requires engagement with a broad base of stakeholders, including private sector participation. In approving the SADC Industrialization Strategy and Roadmap 2015-2063, Summit directed the SADC Secretariat to: (i) Develop a detailed and costed Action Plan for the implementation of the Strategy and Roadmap to be submitted to Council in March 2016; and (ii) Design and develop an appropriate institutional framework to support the implementation of the Industrialization Strategy and Roadmap and the 15