Costed Action Plan for SADC Industrialization Strategy and Roadmap PART TWO: THE ACTION PLAN FRAMEWORK 1. Strategic Intent The Action Plan seeks to effectively implement and achieve the goals and objectives of the SADC Industrialization Strategy and Roadmap 2015-2063, with focus on the first fifteen years. The strategic development progression perceives of a long-term development continuum that seeks to move the SADC economies from their present largely factor-driven stage to the next stage driven by efficiency and ultimately to reach the high development stage, where present developed countries are, with economic and industrial sustainability a direct function of economic and business sophistication and innovation. The Industrial Strategy is to graduate the SADC economies, through these development pathways to ultimately converge with the end-results of the African Union Agenda 2063. 2. Modalities and Strategic Approaches The Action Plan establishes a coherent and synergistic implementation scheme that seeks to: (i) Outline the core strategic options and general policies towards the progressive attainment of the growth and development time-bound targets. (ii) Create an enabling environment for engendering and sustaining industrial development, as champion of transformation at the highest feasible level, with ultimate targets as desirable overall outcomes. (iii) Establish an enduring alliance for industrialization consisting of the public and private sectors (comprising of domestic, regional and international investors) and strategic partners. (iv) Widen societal ownership of the strategy through effective outreach and communication mechanisms. 3. Guiding Principles The development and implementation of the Action Plan is guided by the following seventeen principles: (i) A developmental state perspective is an essential context for advancing industrialization, while at the same time the critical role of the private sector must be recognized. (ii) Strong complementarity and interdependence of the three strategic pillars of the Industrial Strategy for fast transformation and catching up, namely: (a) Industrialization as champion of transformation; (b) competitiveness as a pointer 69