4. OBJECTIVES OF THE MASTER PLAN
The Master Plan focuses on the short-term survival of the industry and builds on the on-going support measures outlines above for the longer-term growth and sustainability of the industry. The Master Plan is intended to create long-term policy certainty for the industry. That has been a major reason for the success of the auto industry’s master plan. Predictability of demand, costs and policy, as well as cost competitiveness, are key to re-creating investment and confidence. Besides policy certainty and input costs, the industry will have to re-orientate itself towards the green industry future in respect of the challenges of input and environmental issues – lower emissions, more efficient use of water and electricity - and the opportunities for new industries and new products. This will be complemented by more agile government trade and industrial policy measures. 4.1 GOVERNANCE The implementation of the Master Plan is a collective responsibility of all social partners and will be overseen by the Steel Oversight Council, on which the industry, the unions and the government are represented. The Council will be chaired at a senior level (the Minister or his high-level nominee, as is the case with the other industry Master Plans) and include industry CEOs, labour leaders and senior government representatives. 4.2 FOCUS AREAS FOR THE MASTER PLAN At this stage, the focus areas are as follows: 1. Monitor implementation of the Steel Master Plan 1.0 and performance of the industry 2. Identify adjustments to the Master Plan where these are warranted by impacts that are different to policy objectives, and make recommendations to Government 3. Make trade measures and incentives more effective and identify reciprocal commitments from industry and labour 4. Help to identify opportunities to boost demand and stimulate local production
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The South African Steel and Metal Fabrication Master Plan 1.0
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