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education institutions to develop The Need for Coherent and opportunities presented by procurement
courses and training opportunities that Coordinated Implementation arising from the R787 billion
u
can contribute to industrial policy cadre While scaling up the impact of industrial infrastructure programme, and ensure s
building. policy requires programmes to be, that we meet the target of reducing the
Meantime, we will be undertaking a within affordability limits, properly imported content of the programme
number of important initiatives. We will resourced, it also requires us to be from 40% to 30%. This will also help us
be working to broaden the Automotive more strategic and ‘smart’ as regards reduce the high current account deficit
Production and Development aligning the general programmes and and ensure the sustainability of the
Programme to cover catalytic activities of government and public infrastructure build programme.
converters as well as heavy and entities to the overarching objectives
commercial vehicles. We will also be and priorities of industrial policy. Broadening Economic
redoubling our efforts to ensure that Government needs to more actively use Participation
we must have an optimum Industrial the instrument of public procurement It is critical for sustainable growth
Policy response to the infrastructure to advance industrial policy objectives. that all citizens are able to participate
investment programmes that are This includes procurement by ‘state meaningfully in the economy. Our
underway to ensure that we maximise organs’ governed by the Preferential interventions in this regard will
the opportunities they create for local Procurement Policy Framework Act. need to be intensified, especially in
industrial development. We will be We will be exploring together with our light of the impact of the decline in
developing a new model for industrial colleagues in government how we can economic activity on the economically
finance and continuing to work on build in stronger mechanisms to support marginalised and the poor. The
all identified lead sectors as well as local industrial development while also constraint of lack of access to finance
developing in conjunction with the promoting Broad-based Black Economic remains a key impediment to the
Department of Agriculture, Forestry Empowerment. We will also seek to growth and development of SMMEs
and Fisheries a comprehensive strengthen domestic procurement by and decisively addressing it must be
strategy for Agro industries. SOEs. We must maximise the massive one of our leading priorities.
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