An Overview of the South African National Development Plan 2030 and the Industrial Policy Action Plan

Implications of Domestic and Foreign Investors
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Published: 29 Oct 2014

All economic and development strategies, even if pre-existing the National Development Plan (NDP), now fall under the NDP umbrella. Aligned with the NDP objectives to achieve sustainable growth and to combat unemployment, the Industrial Policy Action Plan (IPAP) envisions how to reverse industrial decline in general, but specifically in 19 sectors targeted for growth. Sustainable growth and development will require cross-sector measures and reforms, some as significant as fixing the education system, changing labor market regulations, undertaking spatial transformation, transitioning to a low carbon economy, implementing real social protection for all, and eradicating corruption.

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