Costed Action Plan for SADC Industrialization Strategy and Roadmap
strategic use of a toolbox of policy measures to
industrialisation more effectively.
support regional
Identify mechanisms to strengthen demand for local and regional products,
secure investment in large, strategic catalytic industrial projects that will act
as anchor projects around which development can be spurred, and promote
the development of regional value chains.
Finally, the Action Plan advances, as an imperative, a “developmental integration”
approach whereby SADC Member States promote investment, trade, and industrial
regionalisation. This entails policy coherence, alignment and certainty which, as a
collective, strengthens the productive capacities of companies in the regional economy
and achieve regional industrial integration. Sustainable diversification and integration to
facilitate effective participation in the higher levels of regional and global value chains
will require a functional free trade area (FTA) which facilitates movements of goods and
services, capital and business people within the region and promotes economies of
scale.
The focus, moving forward, should also ensure that private sector investment is
leveraged in key economic infrastructure (with strong reciprocal conditions) to unlock
major economic activities in the productive sectors of the regional economy. State
Owned Enterprises (SOEs) also have a major role to play in supporting infrastructure
development and enabling economic infrastructure (energy, rail, road, port, and
telecommunications) and crowding in investment. To achieve this, strong support for
localisation and for regional supplier development is essential.
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