Costed Action Plan for SADC Industrialization Strategy and Roadmap (v) Prepare and publish reports pinpointing the constraints and obstacles to industrial development that need to be tackled by Member States. The analyses would provide a basis for consensus building on deeper regional integration. (vi) Take lead in the promotion of regional Centres of Excellence for skills development. This in turn will require closer cross-border co-operation than at present. (vii) Have the capability and capacity to inform and coordinate the technical and institutional dimensions and interaction of the SADC industrialization governance structure. Box 8.1 The SADC Industrial Observatory The primary objective of the Observatory is to provide a single access point to high quality information, data and analysis on SADC’s industrialization perspectives, programmes and products, geared towards engendering a fast catching up. Its main targets are investors, policy makers, the private sector and its associations and business networks, researchers and industry-allied knowledge institutions and beyond the SADC region. The strategic focus should be on: (i) Provide on-line access and virtual interface on industry-specific information. (ii) Act as SADC’s tool for guiding and monitoring of the implementation of the Industrialization Strategy and publishing regular progress reports. (iii) Unlock the potential for the establishment of competitive and new industries and scaling up related investments and efforts. (iv) Support SMEs and industrial cluster formation and upgrading and sharing successful experiences elsewhere and dissemination of product and market intelligence. (v) Act as platform for forming strategic alliances for fostering industrialization. 8.4 Coordination Coordination is key to the implementation of the Action Plan, hence the need for proactive measures and programmes within the governance architecture, in the absence of which industrial development will not take off and the proposed targets may not be met. 68