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Focus on Investment, Engineering and Vocational Training

May 2004

Investments: Low, limited for good industrial development. Equipment cost related incentives need taking advantage of.

Infrastucture: Costly, power cuts a burden, transport costs doubling input costs of imports. Upgrade and ease access.

Technology: High level import content, with adaptation, modification / innovation and development urgently needed.

Engineering Training: A greater bias needed in technical training, carefully designed with vocational content, adequately funded in selected centres to complement needs of manufacturing.

Also Enterprise Planning and Management Science

Enterprise: Summary data sheets for and publicity crucial

Publicity: An essential promotional tool for every enterprise / business.

Management Science: 'Linear Programming' is a versatile tool applicable in several business situations.

  • Levels of investment remain far short of desirable 30% of GDP against high infrastructure and transportation costs
  • Power cuts have in the past denied enterprises as much as 30% of productive capacity in single-shift operations
  • Transportation and other import costs double cost of input imports!
  • Industry has not taken advantage of cost reduction incentives on machinery imports
  • There is little innovative activity in technology with R&D virtually nil
  • Engineering training needs more vocational content and creativity stimulation
  • Cost of vocational related education higher by a factor of 5 compared to others, probably more for engineering

In this Issue ...

April 2004
 
 
 
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