Quote:
Originally Posted by jackieboo
Any ideas on what we have that the other countries don't?
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I can give you a list, but, if the government impediments to doing business are not removed, nothing will be wildly successful, or big enough to build an economy on.
Just a few things .. we can grow things .. vanilla, coffee, cacao, noni (in sand at the ocean's edge) and a host of other exotic tropical fruit and veg that are becoming main stream for other tropical countries. Any idea what you pay for a star fruit (Carabola) in the US?
We have semi precious stones .. a little mining, a little polishing and hey presto. In my country we had tourist tours to the different polishing plants and tourists could buy their stones and have something made on the spot... Nice outing!
We are of course a tourism destination, but besides the few big ones with lots of investment capital, we're making quite a mess of that asset.
One thing that I know will work .. if government hackles are removed and investment is allowed to flow, is simply dried fruit, i.e., take the fruit and veg that is being produced now, and take the next step. Can it, dry it, process it ... non-destructive processing, keep it organic and keep the processing healthy. Do you know how much rice grows in the DR? Have you ever seen wild rice grown? Do you know what the prices are for wild rice on the market or on the shelf? Is there any hope in hell that someone could grow organic wild rice and export it without the Government taxing the process to hell and gone? No!
I investigated bringing in a small distilling plant to make essential oils. I did not do it. Why? The market is not conducive for doing business.
Sorry .. have to run so the next bit is a long sentence...
Remove the hands stretched out for handouts, encourage a growth oriented business market, create some focus groups that have something between the ears and can creatively look at what is there, what can be done with it and take it to market ... and things will look different. Branding .. create a brand .. Jamaica, what comes to mind? Jerk Spice and Seasoning and Dreadlocks .. not just to me, but to everyone that has ever heard about the country. What is our brand? What is our tourism brand? Nothing! (I'll quickly answer my own question here ... Batchata, Beer and Chicas) That is why business does not flow and job opportunities will remain for low class workers, e.g., free zone or hotel serving class.
I've just investigated an organic farm that processes their own products .. farm is small. I can walk around it in about an hour. But, they are sweetly profitable. Sometimes I look at the DR and I want to cry at the wanton waste of people's minds and the resources.
consulting bill for all these ideas to follow