I am frustrated that the PL govt only is seeking to develop an agagrian economy such as livestock, farming, fishery, and frankincense. I am not saying to stop these rural activities as they are needed but it won't create an urban economy, all our towns will still have high unemployment rates.
We need to discuss with local business people how we can create a sustainable economic model for urban areas. Some of the areas we need to discuss is if we want an external economy, internal economy, or a mixed economy. If we seek an external economy, we need to find markets and establish contacts with different nations and assess what they're 'needs' are and then discuss with PL business people to fill the gap by investing into that industry.
We need to also establish what type of products we want to produce and what is their final product value in the global market and will this achieve our PL economic revival agenda. I suggest we don't waste our time in 'petty trade' products as these are low cost items and this will only mean the generated revenues and employee incomes will be low which will effect also the taxation revenue of our government.
We must begin taking this serious and discuss a realistic job creation policy for PL, where our locals will be employed and also recieve an income that can generate 'spending' into the service sector which will also grow as a response. We must look at also creating an internal economy. I suggest since construction is happening at the moment we need to develop the supply chain in PL. Let's have a nail producing warehouse, windows, tiles, flooring, concrete and other needed raw material.
PL is around 4 million, yet 70% are under 30. It's crucial any economic direction we take needs to ensure maximum employment numbers. It must also address our need that each worker is given a reasonable income that can 'spurt' growth thru spending which will be critical for our hospitality n service industry as these industries are side-effect that grows on it's own if the population have industries. We must also look at industralizing our economic activities so it can generate more products, all manual methods needs to be banned in PL by the government. All economic activities must be reviewed by our govt and a fine given if anyone is caught operating manually and not using appropriate machines for their industry. A manual economic is a low return industry.
PL has to quickly fly thru this stage of infrastructure development, we been spending a decade on it and it's time we move into the next phase of development which is job creation era for our urban centers.
We need to discuss with local business people how we can create a sustainable economic model for urban areas. Some of the areas we need to discuss is if we want an external economy, internal economy, or a mixed economy. If we seek an external economy, we need to find markets and establish contacts with different nations and assess what they're 'needs' are and then discuss with PL business people to fill the gap by investing into that industry.
We need to also establish what type of products we want to produce and what is their final product value in the global market and will this achieve our PL economic revival agenda. I suggest we don't waste our time in 'petty trade' products as these are low cost items and this will only mean the generated revenues and employee incomes will be low which will effect also the taxation revenue of our government.
We must begin taking this serious and discuss a realistic job creation policy for PL, where our locals will be employed and also recieve an income that can generate 'spending' into the service sector which will also grow as a response. We must look at also creating an internal economy. I suggest since construction is happening at the moment we need to develop the supply chain in PL. Let's have a nail producing warehouse, windows, tiles, flooring, concrete and other needed raw material.
PL is around 4 million, yet 70% are under 30. It's crucial any economic direction we take needs to ensure maximum employment numbers. It must also address our need that each worker is given a reasonable income that can 'spurt' growth thru spending which will be critical for our hospitality n service industry as these industries are side-effect that grows on it's own if the population have industries. We must also look at industralizing our economic activities so it can generate more products, all manual methods needs to be banned in PL by the government. All economic activities must be reviewed by our govt and a fine given if anyone is caught operating manually and not using appropriate machines for their industry. A manual economic is a low return industry.
PL has to quickly fly thru this stage of infrastructure development, we been spending a decade on it and it's time we move into the next phase of development which is job creation era for our urban centers.
