Costed Action Plan for SADC Industrialization Strategy and Roadmap VIII. GOVERNANCE AND INTERFACE INSTITUTIONS 8.1 Governance Bodies The implementation of the Industrialization Strategy and Roadmap hinges greatly on the effectiveness and seamless interface of its governance institutions. The linkages between national structures, the Secretariat, the private sector and the knowledgesupport institutions will promote interdependence and generate further direct and indirect spill-over effects in support of industrialization in the region. This requires the establishment of a strong industrialization governance body which recognizes the critical roles of each component and defines their respective responsibilities and interface culture. To this effect, the industrialization governance structure could consist of three interdependent tiers, namely: (i) National structures: The national bodies should consist of, but not be limited to, line ministries, institutions and legislative organs. They should operate synergistically within a long term strategic transformation context. (ii) Overall coordination and oversight: National organs should be closely linked to a wider framework for guiding and monitoring the implementation of the Strategy. The structure should cascade from the SADC Summit down to Secretariat level. Figure 8.1 provides a framework for interconnections between the related institutions, bodies and actors. (iii) Secretariat level: The Strategy amply recognizes the importance of the role of a strengthen Secretariat to underpin the industrialization process in the region. This strengthening could be considered within the context of the establishment of an Industrial Development and Trade Directorate. Figure 8.1 indicates the necessary constituent units: Industrialization and Competitiveness, Value Chains, Industrial Project Preparation, Trade, SQAM and Science, Technology and Innovation. These bodies, working as a system, ensure policy coherence and Member States accountabilities to foster industrialization and development. 8.1.1 Private Sector Participation in Industrial Development Governance The SADC Industrialization Strategy and Roadmap amply recognizes the central role of the private sector as a wealth creator and facilitator of national and regional industrial development and transformation. It further underscores that a productive and systemic relationship be established between the public and private sectors and other stakeholders. To be effective, this relationship should be formalized in the decisionmaking process and policy formulation. Specifically, the Strategy calls for the establishment of a platform for public-private dialogue on industrial development and 61