Costed Action Plan for SADC Industrialization Strategy and Roadmap I. BACKGROUND AND CONTEXT 1. Background 1.1. Mandate At its Extra-Ordinary Session, held on 29 April 2015, in Harare, Zimbabwe, the SADC Summit of Heads of State and Government adopted the SADC Industrialization Strategy and Roadmap 2015-2063. The Strategy seeks to engender a major economic and technological transformation of the SADC region through the instrumentality of advanced industrialization. The April 2015 Summit also adopted the Revised Regional Indicative Strategic Development Plan 2015-2020 (RISDP), which provides for a development integration approach in the SADC region, with a focus on promotion of industrial linkages and efficient utilisation of regional resources through increased value addition. The Industrial Upgrading and Modernization Programme (IUMP) was adopted by the Committee of Minsters of Trade (CMT) in 2009 to enhance competitiveness, strengthen production capabilities and reinforce the institutional support structure of industry in the region. Furthermore, CMT in 2013, adopted the SADC Industrial Development Policy Framework (IDPF), to enhance sectoral interdependence and economic and trade diversification. The IDPF recognises that industrial development is essentially a national prerogative and encourages Member States to continue to formulate policies and strategies that stimulate and enhance their productive capabilities. These two instruments are complementary to the SADC Industrialization Strategy and Roadmap 2015-2063. The mission, vision and guiding principles permeating the SADC industrial orientations call for the establishment of a strong innovative and competitive regional economy that contributes to economic sustainability, employment creation and inclusiveness with recognition of the need for regional focus, industrial cooperation and responsiveness for addressing regional development concerns. These as formalized in the IDPF are: Vision “An integrated regional economy with a diversified, innovative and globally competitive industrial base, which contributes to sustainable growth and employment creation” 14