Costed Action Plan for SADC Industrialization Strategy and Roadmap Phase II: Years 2021-2050. This phase will focus on diversification and enhancement of productivity of factors of production and competitiveness. Phase III: Years 2051-2063: During this phase, the economy would further transform, with its strength based on high levels of innovation and business sophistication. 1.4 The Action Plan The Action Plan addresses the following issues: (i) Identification of high potential areas for value chains and value addition. (ii) (iii) Infrastructural needs and removal of constraints on trade and industry. Making regional integration the fulcrum for collective industrialization and competitiveness. Involving and leveraging the resources and ingenuity of the private sector for industrial transformation. Competiveness constraints of the business environment. Enhancing productive capacities within the context of industrial cluster and small and medium enterprises (SMEs) development while ensuring resource efficiency, environmental sustainability and climate resilience. Benchmarking the Action Plan to high performance comparators. Strategic and investment planning. Costing and financing the Action Plan. Institutional structure to drive, support, monitor, evaluate, and govern the industrialization process in SADC. (iv) (v) (vi) (vii) (viii) (ix) (x) To this effect, the costed Action Plan identifies the outputs that are required to implement the SADC Industrialisation Strategy. For each key measure, it indicates the core actions and Key Performance Indicators (KPIs) that are necessary for the Strategy to succeed. To support effective implementation and monitoring, the Action Plan includes only specific, achievable and agreed-on KPIs that are reflected in the Industrialisation Strategy and Roadmap. It takes on board relevant elements of the SADC Industrialization Strategy that are managed under other processes, most importantly:   The SADC Trade Protocol; The Industrial Policy Development Framework (IPDF)  The Regional Infrastructure Development Master Plan (RIDMP)  The Industrial Upgrading and Modernisation Programme (IUMP)  The protocol on Trade in Services  The Action Plan for Regional Manufacturing of Medicines and Health Commodities (African Union – AU) 20