The Industrial Policy Action Plan reflects work that has been undertaken by the dti and other government departments and is mostly ready for implementation. It has three main components. A range of sectoral actions, including:
Fast-track implementation of the four lead sectors that have emerged from research and intensive interactions with stakeholders:
- Capital/Transport equipment and Metals;
- Automotives and Components; Chemicals, Plastic fabrication and Pharmaceuticals;
- Forestry, Pulp and paper, and Furniture.
Maintaining momentum on implementation of ASGI-SA sector priorities:
Business Process Outsourcing & Offshoring (BPO&O), Tourism and Biofuels, Implementation of other substantive sector projects in: Diamond beneficiation and jewellery; Agro-processing; Film and Crafts.
Further strategy work needs to be developed in a range of other sectors including:
Mining and mineral beneficiation; Agriculture /Agro-processing; ICT (services and products) and Creative Industries and White Goods. A set of cross-cutting actions of particular importance for industrial policy. The design and implementation of an Industrial Upgrading Programme to deepen manufacturing capabilities. A revised suite of Industrial financing instruments to support the industrial policy. Reducing input costs through competition policy and the review of import duties on a range of intermediate inputs into manufacturing.
In addition a range of industrial policy related cross-cutting imperatives are being implemented as set out in Government¹s Programme of Action. Measures to improve government¹s organisation and capacity to implement industrial policy.