Page 50 - PNM General Election 2020 Manifesto
P. 50

RECOVERY AND THE WAY FORWARD FOR THE NEXT 5 YEARS:

          MANUFACTURING





                                                                    transformation, expansion, and diversification. It
               CREATE AND ENABLING                                is private sector driven and must be facilitated by

               ENVIRONMENT TO SUSTAIN                             the  Government  to  create  the  enabling
                                                                  environment for firms to function.
               AND DEVELOP OUR
               MANUFACTURING SECTOR                               To  expand  to  its  full  potential,  the  myriad  of
                                                                  bureaucratic  bottlenecks  impeding  the  sector
                                                                  must be addressed. These bottlenecks negatively
               The manufacturing sector is key to the survival of   impact  productivity  and  competitiveness  and
               the domestic economy. It contributes 20% of our    Covid-19 has not helped.
               GDP and employs over 50,000 people.
                                                                  To  overcome  this,  the  PNM  Government  will
               As  the  country  seeks  to  chart  a  new  and    collaborate with the private sector, to transform
               innovation-driven  future  post  COVID-19,  the    the  manufacturing  sector  to  become  globally
               sector will be the catalyst for achieving economic    competitive, productive, and innovative, utilising
                                                                  advanced  technologies  and  environmentally
                                                                  friendly practices.


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                   PNM THE RIGHT CHOICE ON AUGUST 10                       People’s National Movement Manifesto 2020
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