Costed Action Plan for SADC Industrialization Strategy and Roadmap
(iii) Regional connectivity could be enhanced not only by removal of trade
barriers, but also by enhancing competitiveness, capabilities and institutional
efficiency.
(iv) Implement investment-friendly policies to attract FDI resources to increase
productive capacity and facilitate technological and skills transfers.
(v) Liberalize movement of people, skills and right of establishment and
residence.
8.
Environmental Sustainability
The SADC Industrialization Strategy calls for promoting inclusive and sustainable
industrialization and addressing environmental challenges.
This requires
mainstreaming environmental standards in industrial development and rational
exploitation of industrial opportunities associated with natural resources.
Recommendations
SADC countries should:
(i) Implement the Regional Green Economy Strategy and Action Plan.
(ii) Exploit the huge potential offered under the Blue (Ocean) Economy Initiative.
9.
Industrialization Governance
The implementation of the Industrialization Strategy and its far-reaching activities,
which extend through to the long term, will be critically dependent on the
establishment and empowerment of a competent, synergistically functioning and
committed action-oriented oversight structure. This architecture, working as a
system, should consist of: (i) national structures; overall guidance, coordination and
oversight bodies; and (iii) the SADC Secretariat. The structures should bring in the
contribution of the private sector, the regional think tanks and other industrial
development stakeholders.
Recommendations
(i) The governance bodies shall consist of:
Summit
Ministerial Task Force on Regional Economic Integration
Industrial Development Forum
SADC Secretariat
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