Costed Action Plan for SADC Industrialization Strategy and Roadmap (ii) As emphasised in the Industrialization Strategy, the private sector should be consulted and involved in the implementation of the Strategy and that a platform for public-private sector dialogue on industrial policy and its implementation be established to facilitate interaction at the national and regional levels. (iii) A capacity-building programme for enhancing the private sector capabilities should be an important policy priority. 6. Participation of Gender, Youth and Persons with Disabilities in Industrial Development The inclusiveness of the Action Plan extends beyond targeting equitable opportunities for the development of all the SADC countries to sharing the efforts and benefits of industrialization. Gender and youth mainstreaming and empowerment is a tenant of the Strategy. Recommendations (i) A gender empowerment for engagement in industrialization needs to be developed, with focus on capabilities, ownership of assets and access to finance. (ii) The entrepreneurial and innovation skills of women, youth and people with disabilities to effectively participate in modern industry should be up-scaled, through formal education and targeted training. 7. Industrial Policy and Value Chain Development The policy focus is on creating conditions for enhanced industrialization and value chain development and participation, both of which are fundamental to domestic value addition. Macroeconomic and microeconomic policy are at the centre of the policy spectrum. The main targets are the removal of infrastructural impediments, addressing the skills deficit, financing constraints, attracting investments and improving the business environment in general. Recommendations (i) Policies should be value chain-specific to embed regional and global value chains in the domestic economy. Member States should determine which policy functions should be regionalized and to what extent. (ii) Competition policy should be geared towards facilitating exchange and controlling monopolies, cartels and abusive business practices. 142

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