Costed Action Plan for SADC Industrialization Strategy and Roadmap V. Monitoring and Evaluation: The implementation of the Strategy should be regularly monitored and reported on at national and regional levels within the context of the three pillars and timeframes. Strategic interventions and alignments may be required during the course of implementation to ensure that targets are met. A well-resourced Industrial Development Directorate within the Secretariat and a strong Statistics Unit will be essential for effective monitoring and evaluation. Expected Results/Outcomes Targeted Outputs Output Key Performance Indicators (KPIs) Main Tasks/Activities V.1: Close monitoring of the Action Plan implementation Effective Effective Existence of an Develop and Monitoring and Monitoring effective M&E install an effective Evaluation and system for M&E system (M&E) system in Evaluation monitoring and (covering both place (M&E) plan evaluating process developed progress and monitoring and and achievements output monitoring) implemented for assessing and by 2017 Regular and evaluating timely reporting progress Timeframe Sub-activities Phase 1 Phase 2 (2016 - 2020) (2021 - 2030) Develop an M&E framework 2017 Organize workshop to consider and approve M&E system Install electronic information system for gathering key information needed for monitoring and evaluation of industrial development 2018 Responsibilities SADC Secretariat Member States Develop M&E system which has regular reporting intervals Contribute to M&E system development and operationaliz ation Install and manage the electronic information system, linked with national systems Link national systems with regional system Private Sector Indicative Costs (USD) SADC Member Secretariat States Provide 5,000,000 information for the M&E system development Participate in workshop to approve M&E system Provide information for monitoring and evaluation 136