Technology key to improving business facilitation, says Inniss
MINISTER OF INDUSTRY Donville Inniss says a greater employment and deployment of technology across the public sector will help to drive down the cost of doing business in the island.
He made the comment at Hilton Barbados resort this morning, while addressing a Barbados Chamber of Commerce & Industry seminar on business facilitation.
Inniss told the gathering that in an environment in which some agencies functioned “like dinosaurs in this 21st century when it comes to technology”, both Government and the private sector would pay a higher than necessary price for business transactions.
While a businessman might spend just $25 for a licence fee, the process he had to go through, involving days and private transportation, might mean spending $200, according to Inniss.
An added cost would be “what it costs taxpayers to have an officer spend two or three hours shuffling a lot of paper around”, he pointed out. (TY)