Growth At Home
Growth at Home must be seen in the context of Namibia’s Industrial Policy. The Industrial Policy, which has been approved by Cabinet, provides strategic guidance and principles for industrialisation. It is aligned to Vision 2030 and the current National Development Plan (NDP 4). Namibia’s future development path is laid out in these guiding documents sharing emphasis of the importance of structural transformation.
Growth at Home provides a road map for the execution of the Industrial Policy. It comprises three Strategic Intervention Areas and sets targets in line with the guiding policy and strategy documents. The three strategic intervention areas are: supporting value addition, securing market access and improving the investment climate.
Along three Strategic Intervention Areas, a layer of horizontal Priority Actions have been derived, which have a cross-sectoral focus and aim in particular at the general business environment. These priority actions build on existing initiatives and experiences that can be implemented in the short to medium term, considering available resources, presenting gains from ‘low hanging fruits’.
The Special Industrialisation Programmes forms a second layer of Growth at Home. Under this layer selected sectors will receive targeted support focusing in particular on value addition. These sectors include: agro and fish processing; steel manufacturing; chemicals, mineral beneficiation, building materials and pharmaceuticals and cosmetics. The sectoral interventions complement and deepen the horizontal Priority Actions. Together, horizontal and vertical Priority Actions are forming one comprehensive and integrated drive towards industrialisation.
To provide a comprehensive road map for execution, Growth at Home also outlines the necessary organisational structures and the monitoring system for the implementation. The approach of the Growth at Home is geared towards execution. It is based on an understanding that implementing industrial policy is more than simply developing a list of policy measures. It is a process jointly driven by Government and the private sector which is also about learning, refining, and correcting when necessary. Growth at Home provides a consistent and comprehensive basis for this process, as well as the structures and mechanisms to ensure that the process stays on track.
Regular structured PPD platform
Background & Objectives
Dialogue and cooperation between the public and private sector is seen as a key success factor when it comes to driving economic growth and job creation. MTI has already intensified its efforts towards an effective public private dialogue process. Amongst others, sector consultations have been carried out in 2013 (e.g. for the meat industry, the manufacturing and retail sector) which formed an important basis for the development of the Growth at Home Strategy. With this Priority Action, MTI plans in cooperation with the private sector and further stakeholders to formalise these initiatives and to establish a regular structured Public-Private-Dialogue (PPD) platform to jointly address remaining challenges in the business environment.
Nature of Intervention
The Namibia Trade Forum is going to coordinate the regular structured PPD platform. Committees, namely for manufacturing, agriculture, fishery and services (e.g. financial services, tourism and logistics), will develop solutions and reform proposal addressing key constraints in the business environment. The committees will comprise of representatives from the private sector and its representative organisations (e.g. Namibia Chamber of Commerce and Industry, Namibian Employers’ Federation and Namibian Manufacturers Association), unions (e.g. National Union of Namibian Workers) MTI and other Ministries, as well as further institutions (e.g. Namibia Standards Institution) and organisations (e.g. Team Namibia).
- The committees will convene at least on a quarterly basis. In order to tackle cross-sectoral challenges, task forces can be set up consisting of representatives of different committees. Further experts can be invited as need arises.
- The Namibia Trade Forum will also monitor the implementation of the reforms and will report at least once a year on the progress made and challenges encountered. To support effectively the work of the committees, the research capacity of the Namibia Trade Forum will be strengthened.
- It will be explored how the PPD platform can be best linked to other relevant initiatives to avoid overlap and generate synergies. For instance, the “National Review of the State of the Economy”, which has been initiated by the Namibia Chamber of Commerce and Industry in collaboration with various private sector organisations, could be used to report about the progress made and to identify further challenges or opportunities to be taken up.
- Furthermore, MTI will use the results from this process as an important basis for refining the Growth at Home Strategy and for developing further Priority Actions.
To be achieved by 2020
- At least 2 solutions/reforms p.a. related to major constraints in the business environment have been jointly developed
- Investment climate surveys show that satisfaction of businesses with Public Private Dialogues has increased significantly
Posted in NTF