Infrastructure and agriculture key economic enablers
EDITOR — Increasing capacity utilisation of local industries is clearly a very important move that the country should undertake to boost the economy.
There are quite a number of fundamental economic growth enablers with infrastructure and agriculture sectors being the major ones.
Firstly, there is need for all farmers — communal, self contained, A1 and A2 — to be productive on their farms in order to prop-up the agro-based industries.
Revitalising the industrial sector is in tandem with numerous economic blue prints which advocate for the creation of employment on both farms and the manufacturing sector.
Good quality production on farms will enhance food security and nutrition cluster.
Secondly, an enabling infrastructure can spur and support the economic engine of the industrial sector.
There is really need for the Government to ensure that major roads are upgraded and expanded while railway lines and locomotives are rehabilitated to allow smooth transportation of industrial goods.
Efficient transport is a critical component of economic development as it links factors of production together in a web of relationships between producers and consumers in order to create a more efficient production matrix.
Infrastructure development is a big enabler of economic growth. Good infrastructure in a nation entices both local and foreign investors.
As it stands, there are foreign investors who are promising to assist in reviving different sectors of the economy. It is imperative to note that major investment incentives in the country will be realised under value-addition and beneficiation.
Therefore, by restoring the industrial sector the country should be geared for more and more investors, thereby boosting the Gross Domestic Product (GDP) of the nation. Chido