Manufacturing is not dead! In fact, it remains one of the vital productive sectors in Barbados and contributes immensely to our national economy.
So said Minister of Industry and Small Business and Rural Development Denis Kellman as he addressed a Manufacturers’ forum yesterday at the Lloyd Erskine Sandiford Centre.
He said: “The fact that manufacturing can achieve growth in its export sector in the midst of a protracted global economic crisis suggests that it has found ways in which it can add value to its product offering in a manner that has taken advantage of niches within the international marketplace.”
The minister, however, suggested that the sector could be further strengthened if a collective team approach to Barbados’ sustainable development was adopted, and he called on public and private sector organizations to support locally produced products in every sphere of economic activity. He noted that this would be a “sure way to alleviate poverty and lift the social stratosphere of our nation”. (BGIS)