Assembly/AU/Decl.1 (X) Page 2 - Enhance public-private sector partnership, particularly in the areas of heavy infrastructure development; - Increase investment in Science and Technology, Human Capital Development, with emphasis on technical training, to enhance Africa’s industrial productivity and competitiveness; - Pool resources and share knowledge and know-how in the area of industrial technology, planning and production management; - Establish and strengthen the legal and institutional frameworks for the promotion of African industrial enterprises at national, regional, continental and international levels; - Strengthen African Industrial Research and Development Institutions and Agencies to develop innovative approaches and programmes for the accelerated industrial development of Africa; - Encourage Africans in the Diaspora to increase their contribution to the industrial development of Africa; - Speed up the establishment of the African Investment Bank and the promotion of African regional and continental capital markets; - Achieve the harmonization of African business laws; - Take necessary measures at the national level to implement the Action Plan. 3. REQUEST the AU Commission, Regional Economic Communities and development partners, to take necessary measures towards effective implementation of the Action Plan; 4. REAFFIRM our strong commitment to the principles of good governance, democracy, rule of law, accountability, sound macroeconomic management, which are necessary for the accelerated development of our countries; 5. REITERATE our commitment to the promotion of regional markets that are necessary for the attainment of economies of scale in the production of competitive industrial products in Africa; 6. UNDERTAKE to develop and enhance Africa’s industrial cooperation and partnership with the emerging industrial economies for the mutual benefits of both sides; 7. CALL UPON our development partners to adopt policies and measures to encourage their companies to increase investment in local processing within Africa of the continent’s natural resources;

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