Thursday, November 26, 2009

Niue Economic prospects

I have made very clear my strong and passionate drive and desire to develop and sound economic base for Niue with tourism and Fishing and the two principal drivers.
I see Niue as developing a portfolio of investment businesses which will help us generate revenues, business viability, commercial viability, support and maintain our basic infrastructure, pay public servants and welfare benefits, support our health and education services and increase our population via the increasing opportunities available to people wishing to live here.
I have been asked about what we are doing to increase population My simple answer has been to do the above.
The business portfolios include tourism in its many forms, fishing also in many forms, food security which is home consumption and feeding visiitors, nonu, vanilla, Trust Fund, Soverign assets such as airspace, domain name, and other ideas beinf investigated now.
I have been asked why it is that we have not developed a strong economy after 35 years of self government. I answer by suggesting that Niue is not alone in its battles with donors to agree to help fund economic developments
The worse example of lost opportunity and lack of progress has been the non expenditure on tourism accomodatoion over the past 6 years despite NZ agreeing to allocate $2m for this purpose. I can tell you now that we have given up on NZ funds and have agreed with Minister McCully only because he has made some promises of change.
Otherwise we should really be looking at borrowing funds to help us build our economy as we desire it at our pace and speedily.
To date nothing has happend so I am not hopeful with McCullys initial startegy. Because in the end we need to stop talikng and start building
I will write soon about my views on Wellington Officials. Suffice to say they may be diplomats but they dont know anything about building an economy at all.

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