responsive to game changing economic demo graphic fiscal and environmental

Responsive to game changing economic demo graphic

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responsive to game-changing economic, demo- graphic, fiscal, and environmental realignments that will fundamentally alter the kind of infrastruc- ture needed for our people, places, and businesses to thrive and prosper. HIGH QUALITY INFRASTRUCTURE UNLOCKS ECONOMIC POTENTIAL, ENSURES AN EQUITABLE DISTRIBUTION OF GROWTH AND OPPORTUNITIES THROUGHOUT THE COUNTRY AND CREATES NETWORKS THAT BIND US TOGETHER. IT ALSO BOOSTS PRODUCTIVITY AND COMPETITIVENESS, ALLOWING BUSINESSES TO GROW AND PROSPER, CREATE EMPLOYMENT AND ATTRACT INVESTMENT. V I S I O N 2 0 3 0 N AT I O N A L D E V E L O P M E N T S T R AT E GY 2 0 1 6 - 2 0 3 0 Envisioning the Future
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Building Globally Competitive Businesses T H E M E I V P H O T O : M E D I A M I L L LT D . WHEN OUR ECONOMY GROWS , all our people have opportunities to prosper. Our children have oppor- tunities to study, work and live here at home. In addition, Government has the resources it needs to reduce poverty, improve healthcare, invest in education, and build infrastructure —goods and services that all citizens of this country need and rightly deserve. Competitive businesses are inte- gral to this thrust as they innovate, create employ- ment and generate revenue and foreign exchange earnings. To be able to deliver goods and services, our economy must continue to grow and to be sta- ble. In this regard, economic stability allows busi- nesses, individuals and Government to plan ahead, and improve the quantity and quality of long-term investment in physical and human capital. As the 2008 global financial crisis has shown, economies are more interconnected and, as such, vulnerabil- ities now spread more easily across sectors and national borders. Our intention, therefore, is to promote growth and maintain economic stabil- ity mainly by pursuing sound monetary and fiscal policy, promoting healthy trade and payments bal- ances and taking the necessary steps to contain inflationary pressures. It is widely accepted that nations do not compete; firms do. Competitive Businesses are, therefore, important to our developed-nation thrust. For any sustained increase in the quality of life there must be an increase in productivity and real growth, which can then be translated into higher wages originat- ing from innovation and competition. As we move towards 2030, our firms will have advanced strate- gic and operations systems and a capable, knowl- edge-based workforce, with access to high quality resources and fuelled by a sophisticated consumer base. Additionally, Government will create an envi- ronment that encourages competition as well as a favourable culture and climate for entrepreneurship and innovation towards creating the economy of tomorrow. Our competitive businesses will exhibit a strong sense of social responsibility by seeking the interests of citizens and country.
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