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Plan on the cards to transform manufacturing

An industrial policy and strategy aimed at transforming and driving the manufacturing sector forward is in the works.

Stating that Government was determined to introduce measures to create an industrial sector that was technologically driven and export oriented, Minister of Industry Donville Inniss said such a sector would be better positioned to make a more meaningful contribution to the economy and assist in overcoming some of the economic challenges the country now faces.

Donville Inniss

Donville Inniss

Noting that his ministry had commenced stakeholder meetings, Inniss said: “This strategy will focus on the creation of a strategic road map to help Barbados achieve economic diversification, growing the business sector and promoting investment; widening the range of funding options and non-traditional sources that exist locally and internationally . . . strengthening the legal and institutional framework for the development of the industrial sector and support for industrial deepening strategies through the creation of backward and forward linkages within the industry and other related industries.”

Inniss stressed that the successful development and implementation of the policy and strategy would depend largely on public and private sector cooperation.

He reiterated that his ministry was committed to placing the highest priority on consultation, to ensure that the views and interests of the private sector were reflected appropriately.

Inniss made the comments over the weekend at McBride Caribbean Limited’s 25th Anniversary Awards Ceremony and Cocktail reception at the Errol Barrow Centre for Creative Imagination, University of the West Indies, Cave Hill Campus.



Source: (BGIS)

6 Responses to Plan on the cards to transform manufacturing

  1. Charles Harewood
    Charles Harewood September 3, 2014 at 10:07 am

    I would welcome that. We definitely need to be more proactive; only a few are right now. We need especially to gear towards earning foreign exchange. I hope this strategy will address that. If so, I’ll be on board, God willing.

  2. Santini More
    Santini More September 3, 2014 at 10:20 am

    Hurrah!….If only I could believe any of the pretty, pretty words that does come out of the mouths of politicians:-(

  3. Charles Tibbits
    Charles Tibbits September 3, 2014 at 10:40 am

    And they cant tell us if anything will replace the fiscal incentive regime which has to be abolished in 2015!!!

  4. Veroniva Boyce
    Veroniva Boyce September 3, 2014 at 6:54 pm

    Manufacturing Lay abouts! Staff want big pay and no effort made even if you slap them cross the face. Wanna can’t even complete the highway going across St Thomas. Wanna is real Jesters.

  5. David E Hall
    David E Hall September 3, 2014 at 9:04 pm

    Plans, plans, plans, no one can fault the DLP for plans. Unfortunately its the action/fulfillment this is usually 100% lacking.

  6. David Hall September 3, 2014 at 9:06 pm

    I wonder if the minster realizes that fulfillment of past promises will inspire us more than making new ones.


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