National Assembly Statement on IPAP2 by Dr Rob Davies,
Minister of Trade and Industry: February 18 2010
Speaker,
Members of the Cabinet,
Honourable Members of this House
Today we are tabling before Parliament and also making public, the 2010/11 - 2012/13 Industrial Policy Action Plan (IPAP). [see link below]
IPAP2, as it has become known, builds on the National Industrial Policy Framework (NIPF) and the 2007/8 IPAP. It represents a significant step forward in scaling up our efforts to promote long term industrialisation and industrial diversification beyond our current reliance on traditional commodities and non-tradable services. Its purpose is to expand production in value-added sectors with high employment and growth multipliers that compete in export markets as well as compete in the domestic market against imports. In so doing, the Action Plan also places emphasis on more labour absorbing production and services sectors, the increased participation of historically disadvantaged people and regions in our economy and will facilitate, in the medium term, SA's contribution to industrial development in the African region.