Tuesday, April 11, 2006

News: Suriname to launch domestic industry

(PL 11/04/2006) Paramaribo - Suriname will try new strategies to improve industrial production with a four million dollar loan from the Inter-American Development Bank.

At a meeting Tuesday with IDB officials, Finance Minister Humphrey Hildenberg voiced concerns of President Ronald Venetiaan over the poor industrial development.

The program enables the Ministry for Commerce and Industry to conduct, coordinate and support a commercial strategy, and establish efficient state-run and private consultation mechanisms.

Efforts will be also directed toward developing natural resources and communications, with high hopes for the Caribbean Community Unique Market and the project of common economy for 2008.

"Suriname could be the bridge between the Caribbean and South America, so we must develop an infrastructure that facilitates the traffic of humans, products and services", added Hildenberg.

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