Permanent Secretary the Ministry of Trade Careen Prevost says a robust program has been put in place to address the needs of manufacturing in the private sector.
She made the remarks at the 3rd Annual General Meeting (AGM) of the Dominica Manufacturer’s Association (DMA) on Wednesday.
“Government continues to show its commitment to improving the business environment,” she said. “Our management team has gone together at the beginning of the financial year and we have put together what we call a robust program to address the needs of the private sector, to give trade a more of a face.”
The program which is dubbed “Giving trade a face” has already started.
“We have started a few site visits to our manufacturers to ask questions…what is going on,” Prevost said, noting that they additionally, provide information on trade agreements that have been signed as well as the opportunities that are available for them under these agreements.
It is hoped she said that, “through this initiative we can stimulate some more activity in the Manufacturing sector.”
Going forward, she noted, that through Invest Dominica Authority (IDA) and the National Authorizing Office (NAO), they have been working on the finalization of a draft policy and action plan for the stimulation and expansion of the sector.
“This should commence shortly and we project that this consultancy will be completed in November. Of course we do not want this to be another policy document or another consultancy, but we hope that upon completion this will set the stage for further development in the NAO and the government of Dominica for the development of the manufacturing sector.”
Prevost is of the view that most significantly, this initiative will also lay the foundation for Dominica to be engaged in the necessary preparation and planning to ensure that the country capitalizes on the opportunity of the eminent geothermal development.
This they hope will reduce the price of energy and enhance the competitiveness of locally manufactured goods and thereby develop a bold and new exciting future for manufacturing.