Costed Action Plan for SADC Industrialization Strategy and Roadmap 2. Identifying regional industrial opportunities and working with the relevant Member States to move them towards their initiation. 3. Financing and management of research into topics of mutual interest, such as key policy tools and instruments, key catalytic projects and regional value chains. 4. Coordination of agreed-on regional programmes, such as the IUMP (but not in the implementation of these programmes at a Member State level). 5. Maintaining a data repository of key reports, material and information on industrialisation for use by Member States. 6. Facilitating capacity building and information-sharing workshops and conferences. 7. Actively creating linkages between the industrialisation strategy and other relevant SADC strategies, and ensuring feedback loops. 8. Identifying bottlenecks and working with Member States to develop strategies to unblock them. 9. Co-ordinated engagement with the private sector on specific value chains. Key Messages a) The cross-border nature of regional and global value chains elevates the role of regional policy in fostering industrialization and deepening integration beyond national industrial policy. b) The challenge facing policymakers in the medium-term is building of consensus among Member States to determine which policy functions should be regionalized and to what extent. This is vital in the context of regional value chains whose growth will depend on cross-border co-operation and facilitation. c) Policy must be value-chain specific and formulated in close collaboration with industrialists and entrepreneurs. Policymakers must identify the stage or stages of the value chain where enterprises are most competitive. d) Effective public-private collaboration between the business community and the Centres of Excellence is crucial for advancement of industrialization. e) Industrial policies should ensure that specific value-chain policy does not create losers in other industries or sectors of the economy. Policy should maximize national gains rather than those of a specific sector, industry or firm. f) Industrial development must ensure climate proofing of value chains to ensure sustainability and that value chain development minimises environmental externalities including greenhouse gas emissions and liquid and solid waste. 53

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