Meconomic development – Water Valley Chamber http://watervalleychamber.info/ Thu, 23 Jun 2022 00:28:35 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://watervalleychamber.info/wp-content/uploads/2021/11/wat.png Meconomic development – Water Valley Chamber http://watervalleychamber.info/ 32 32 Highlight workforce development and economic development efforts for the dairy sector https://watervalleychamber.info/highlight-workforce-development-and-economic-development-efforts-for-the-dairy-sector/ Wed, 22 Jun 2022 21:07:00 +0000 https://watervalleychamber.info/highlight-workforce-development-and-economic-development-efforts-for-the-dairy-sector/ New York State Agriculture Commissioner Richard A. Ball, accompanied by New York State Department of Labor (DOL) Commissioner Roberta Reardon, highlighted the state’s efforts in labor and economic development for New York’s dairy industry during a tour of the BelGioioso cheese plant in Schenectady County. Friday, June 17. BelGioioso Cheese, Inc., a leading specialty cheese […]]]>

New York State Agriculture Commissioner Richard A. Ball, accompanied by New York State Department of Labor (DOL) Commissioner Roberta Reardon, highlighted the state’s efforts in labor and economic development for New York’s dairy industry during a tour of the BelGioioso cheese plant in Schenectady County. Friday, June 17. BelGioioso Cheese, Inc., a leading specialty cheese maker, built a new manufacturing facility in Glenville in 2019 which has created more than 50 jobs and is currently expanding its operations to include a newly renovated warehousing facility that will create ten jobs in Glenville. Today’s announcement comes during Dairy Month as the state shines a light on the dairy industry, which is the largest segment of New York’s agricultural sector.

Commissioner Ball said, “Dairy Month is the perfect time to promote the work of our Dairy Think Tank, which focuses on understanding the needs of the dairy industry in the workplace and developing strategies to help processors attract and Retain great employees so they can increase their transformative capabilities. Our visit to the BelGioioso factory during Dairy Month shines a light on a company doing things right, expanding its operations and creating new jobs in the capital region. I am excited to continue my partnership with industry leaders and with our other state agencies to ensure New York dairy remains a mainstay of our agriculture industry.

Commissioner Reardon said, “The dairy industry does more than just energy jobs, it is essential to the health and nutrition of communities across the state. As part of the Dairy Think Tank, we are committed to exploring innovative ways to improve this vital industry and support the development of this vital workforce.

Empire State Development President, CEO and Commissioner Hope Knight said“The Dairy Think Tank is a great example of how New York State operates strategically, and with its unique agricultural resources and labor needs in mind, to ensure the success of “companies like BelGioioso that thrive here because of all we have to offer. Our multi-agency workforce development and training efforts, investments and business partnerships will continue to grow jobs and the success for this vital New York State industry.

Senator Michelle Hinchey, Chair of the Senate Agriculture Committee, said: “Dairy Month is an important reminder of the hard work of our dairy farmers and processors to produce the foods that make New York a leading dairy state and create local jobs that strengthen our communities. Milk is a mainstay of New York’s agricultural economy, and the Dairy Think Tank is a great example of our commitment to providing real support to this key sector and driving growth at all stages of production. It’s amazing to see this growth in action at companies like BelGioioso Cheese, whose current expansion into the Capital Region is helping us continue New York’s legacy as a proud dairy state.

Donna Lupardo, Assembly Member and Chair of the Assembly Agriculture Committee, said: “I would like to commend the work of the Dairy Think Tank, as well as the Governor’s focus on strategic workforce development. New York’s dairy industry represents the bulk of our agricultural economy and really needs this targeted approach to workforce recruitment and retention. Dairy Month is an appropriate time to recognize the hard work of New York’s dairy farmers, processors and haulers; those who strive to produce and deliver products of such quality.

BelGioioso is currently expanding its operations to include a 120,000 square foot building with 60,000 square feet of new cold storage/chiller space as well as office space and room for future expansion. Once the newly renovated storage facility opens, ten jobs will be added to Glenville. In addition, BelGioioso has signed an agreement with Upstate Niagara Cooperative to buy Campbell cheese maker in Steuben County. The deal is expected to be completed within 60 days, pending final due diligence. The plant’s full workforce of several hundred workers is expected to transition to new ownership.

The Commissioners have partnered together and with industry leaders, including BelGioioso Cheese General Manager Tim Cronin, through the Dairy Think Tank to further develop the dairy industry in New York State, by focusing on meeting industry labor needs and stimulating regional economic growth. The Department’s work through the Dairy Think Tank, in conjunction with the DOL, ESD, and other state agencies and stakeholders, is one of many steps taken to support New York’s dairy industry. York throughout Dairy monthwhich is celebrated in June, and beyond.

The Dairy Think Tank was created in 2020 on the advice of the Milk Marketing Advisory Council bring together industry leaders, including representatives from the Department of Agriculture and Markets, Department of Labor and Empire State Development, to discuss current challenges facing the dairy industry and the future of the industry. The Dairy Think Tank has identified workforce development and expanding processing as its top priorities, and the group’s efforts have focused on these two areas.

To understand the workplace needs of the dairy industry, the Dairy Think Tank is currently working to develop strategies that retain the current workforce and entice the future workforce to work in the industry dairy. As part of these efforts, the Dairy Think Tank developed and sent out three surveys to dairy farmers, dairy processors and milk haulers across the state asking targeted questions to determine the labor needs of each sector. The results of these surveys will guide the Dairy Think Tank’s workforce development strategy. Additionally, the think tank focused on understanding the workforce development programs currently in place in New York State and connecting interested farms, processors and haulers. with these programs, as well as the development and promotion of registered apprenticeship programs specifically for the dairy industry.

The Dairy Think Tank’s efforts build on the state’s ongoing workforce development initiatives. On April 26, Governor Hochul announced the creation of the New York State Office for Strategic Workforce Development, who will be responsible for improving the state’s workforce development programs and practices to better align with the needs and priorities of today’s employers. The governor first proposed the new office in his State of the State address earlier this year and committed funding that was approved in the fiscal year 2023 budget. The $350 million in funding committed to this effort will support large-scale, historic and coordinated investments in workforce development in state agencies and authorities and will include $150 million in multi-year funding for new programs grants that will mainly support employers, training programs for highly qualified manpower.

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Coos Economic Development Corp. Announces Pop-Up Grants Pilot https://watervalleychamber.info/coos-economic-development-corp-announces-pop-up-grants-pilot/ Tue, 21 Jun 2022 14:09:12 +0000 https://watervalleychamber.info/coos-economic-development-corp-announces-pop-up-grants-pilot/ LANCASTER – Coos Economic Development Corporation (CEDC), a nonprofit organization that supports Coos County small businesses and promotes economic growth, announces the opening of a new pilot grant program for businesses looking to make the leap. next step towards a showcase. The intent of this grant is to enable new or smaller businesses to take […]]]>

LANCASTER – Coos Economic Development Corporation (CEDC), a nonprofit organization that supports Coos County small businesses and promotes economic growth, announces the opening of a new pilot grant program for businesses looking to make the leap. next step towards a showcase.

The intent of this grant is to enable new or smaller businesses to take a more “small step” approach into the next phase of their business plan, with less fear and upfront costs, creating a more gradual funnel. toward business expansion in Coos County. .

The pilot will begin with storefronts in five Coos County locations: Berlin, Colebrook, Gorham, Lancaster and Whitefield. Fellows will receive up to $5,000 for storefront rent for 3 months, insurance, utilities, signage, and other reasonable expenses. The application is available on our website www.coosedc.org/business-resources.

“This new grant program is a creative way to support fledgling businesses and not only has a positive impact on the business itself, but also on building owners and community residents,” said Ericka Canales. , CEO of the CEDC. “We look forward to working with our community partners and participating building owners to make this pilot program a success.

Carol Miller, incoming CEDC Board Chair, said, “We are excited to offer an innovative new pilot program to drive entrepreneurial development and other economic initiatives for Coos County. The pilot project will increase CEDC’s impact on emerging small businesses in all areas of Coos County. »

About Coos Economic Development Corporation

CEDC is one of ten (10) New Hampshire Regional Development Corporations (RDCs) designated to foster economic growth. Resources are available for profit and nonprofit organizations to help spur growth resulting in sustainable jobs in Coos County. CEDC maintains revolving loan funds to assist businesses directly and in collaboration with its banking partners. In addition, CEDC offers a wide range of grant programs for technical assistance, non-profit organizations, community business beautification, and, previously, coronavirus emergency relief.

Please visit www.coosedc.org to learn more about grants, small business advice, business loans, educational seminars and job training. Follow us on Facebook @Coosedc or email execdirector@coosedc.org.

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Vermont Slauson Economic Development Corporation Names Quintin Strode, a Respected Innovator in Banking, Finance and Small Business Development, to its Board of Directors https://watervalleychamber.info/vermont-slauson-economic-development-corporation-names-quintin-strode-a-respected-innovator-in-banking-finance-and-small-business-development-to-its-board-of-directors/ Mon, 20 Jun 2022 04:12:56 +0000 https://watervalleychamber.info/vermont-slauson-economic-development-corporation-names-quintin-strode-a-respected-innovator-in-banking-finance-and-small-business-development-to-its-board-of-directors/ Longtime Community Advocate Joins South LA Organization LOS ANGELES, June 20, 2022 /PRNewswire/ — The Vermont Slauson Economic Development Corporation (VSEDC) Board of Directors has approved an 8e member of the board of directors of the association, Quentin D.Strode. The Vermont Slauson Economic Development Center has served small businesses and entrepreneurs in South Los Angeles […]]]>

Longtime Community Advocate Joins South LA Organization

LOS ANGELES, June 20, 2022 /PRNewswire/ — The Vermont Slauson Economic Development Corporation (VSEDC) Board of Directors has approved an 8e member of the board of directors of the association, Quentin D.Strode.

The Vermont Slauson Economic Development Center has served small businesses and entrepreneurs in South Los Angeles for forty years. (PRNewsfoto/Vermont Slauson Economic Development Corporation)

Quentin’s experience in executive leadership and small business development brings valuable perspective to the organization, which provides business assistance primarily to minority entrepreneurs and small businesses around the world. South Los Angeles Region. “Her experience working with technical assistance groups supporting small businesses and women-owned businesses was also a factor in inviting her to the board,” noted Kecia WashingtonChairman of the VSEDC Board of Directors.

“We are very happy to have quentin strode join the Vermont Slauson EDC Board of Directors,” added Kecia. “Mr. Strode has over 30 years of experience in the banking and finance industry, which will help VSEDC continue its mission to serve South Los Angeles businesses and continue to grow the CDFI program.”

Since 2013, Mr. Strode has served as Managing Director and Principal of ARTIFEX CAPITAL & ADVISORY, where he is an owner, using his knowledge to create innovative business solutions and growth initiatives for small agricultural businesses.

Prior to his current role at ARTIFEX, Strode built a distinguished career as Senior Vice President and Regional Manager for US Bank, and as Senior Vice President and Regional Manager for Bank of America.

Vermont Slauson Economic Development Corporation (VSEDC) is a non-profit and community development community financial institution (CDFI) recognized for its decades of technical and entrepreneurial assistance to small businesses, start-ups and entrepreneurs in South Los Angeles. The service provided by VSEDC serves to stimulate community self-sufficiency, facilitate business growth, access to affordable housing, goods and services, and job creation. Together, let’s make South LA better – get involved in VSEDC youth education and entrepreneurship projects, CDFI programs, and fundraising efforts. Your support makes possible the development and progress of South LA. Learn more about VSEDC at vsedc.org, Facebook and Twitter.

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SOURCE Vermont Slauson Economic Development Corporation

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Liberty City in Miami Receives $325,000 in Economic Development Grants at June 19 Celebration https://watervalleychamber.info/liberty-city-in-miami-receives-325000-in-economic-development-grants-at-june-19-celebration/ Fri, 17 Jun 2022 23:59:00 +0000 https://watervalleychamber.info/liberty-city-in-miami-receives-325000-in-economic-development-grants-at-june-19-celebration/ Affordable housing developer Related Urban and the Related Philanthropic Foundation awarded $325,000 in community investment grants Friday to support residents of Liberty City, site of one of the nation’s first social housing projects. Related Urban is rebuilding and more than doubling the size of the Liberty Square housing complex, revitalizing the former community built in […]]]>

Affordable housing developer Related Urban and the Related Philanthropic Foundation awarded $325,000 in community investment grants Friday to support residents of Liberty City, site of one of the nation’s first social housing projects.

Related Urban is rebuilding and more than doubling the size of the Liberty Square housing complex, revitalizing the former community built in 1937 in Downtown Miami, into much-needed new homes for people of diverse incomes and backgrounds.

The original Liberty Square consisted of 700 apartments. Today, 300 families who lived in the original community are already living or will soon be in their new homes. Once the $300 million redevelopment started in 2015 is completed in 2026, there will be 1,455 apartments as well as complementary buildings for educational, community and commercial purposes.

The developer and foundation officials chose the weekend of June 16 to celebrate Economic Development Grants. Black, green and red balloons floated overhead on a sunny day and a gospel singer performed to the delight of the gathering of around 100 people. A bonus was the free chicken and waffles made by a grandma’s food truck.

The memorial event also served as an unveiling of the soul of Miami Avenue, a street at 62nd Street and 12th Avenue that recognizes the work of Miami’s black community to advance the arts. A series of plaques have also been affixed to the segregation wall in Liberty Square to honor the generations of families who have lived there.

State Representative James Bush III stressed the importance of having a new street in Liberty City that honors the area’s heritage. Bush remembers growing up in Liberty City as a high school student in 1972 and telling the nearly 50 young people in attendance why they should have respect for their community.

“A man without any knowledge of his history is like a flower without its roots. It has no particular growth,” Bush said. “You understand that you can be anything in the world. Your opportunities are greater than ours.

MIA_Liberty_Square_Phase_3_(2) (4)
Related Urban and Miami-Dade County have completed the third phase of Liberty Square, a mixed-income community that will feature 1,455 apartments when completed in 2026. Above: Aerial view of the third phase of the Harmony at Liberty Square redevelopment project . MATIAS J. OCNER mocner@miamiherald.com

Meanwhile, the grants will help young people benefit from programs like Helping Hands, a program that provides students with financial education, social skills training, arts and culture, and physical fitness.

Related Urban, the affordable housing division of major South Florida developer Related Group, intends to maintain a connection to the Liberty City community as it works for another four years to complete the new Liberty Square.

This story was originally published June 17, 2022 7:59 p.m.

Michael Butler writes about the residential and commercial real estate industry and local housing market trends. Like Miami’s diverse population, Butler, a graduate of Temple University, has both local roots and Panamanian heritage.

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of South Sioux City Announces Economic Development Project | Local News https://watervalleychamber.info/of-south-sioux-city-announces-economic-development-project-local-news/ Thu, 16 Jun 2022 23:15:00 +0000 https://watervalleychamber.info/of-south-sioux-city-announces-economic-development-project-local-news/ SOUTH SIOUX CITY – The Town of South Sioux City has announced a new economic development project to spur growth and job creation for small businesses. With a grant from the U.S. Department of Commerce – Economic Development Administration, the city will soon begin construction of Commerce Way, a critical infrastructure project serving the All-American […]]]>

SOUTH SIOUX CITY – The Town of South Sioux City has announced a new economic development project to spur growth and job creation for small businesses.

With a grant from the U.S. Department of Commerce – Economic Development Administration, the city will soon begin construction of Commerce Way, a critical infrastructure project serving the All-American Subdivision.

The proposed project constructs approximately 1,550 linear feet of paved street to complete a commercial development, which will provide light industry, warehouse, distribution centers and service areas, according to a city release. The project will subdivide 24 acres into 12 lots and install necessary infrastructure for business development, such as road paving, sewers and water, storm sewers, power and communications.

The release says the opening of Commerce Way will increase the number of shovel-ready sites in South Sioux City and is expected to create 56 high-quality jobs in transportation and other crucial industries. Several companies are already considering buying this land for their expansion.

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“Having quality land with paving, water, sewer and fiber optics is ideal for attracting new and expanding businesses,” South Sioux City Mayor Rod Koch said in the statement.

The U.S. Department of Commerce – Economic Development Administration’s investment is designed to lay the foundation for sustainable job growth and the building of sustainable regional economies across the United States. This foundation is based on two key economic drivers: innovation and regional collaboration.

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Tiffin Mayor Aaron Montz to step down and assume Seneca County economic development role https://watervalleychamber.info/tiffin-mayor-aaron-montz-to-step-down-and-assume-seneca-county-economic-development-role/ Wed, 15 Jun 2022 23:30:00 +0000 https://watervalleychamber.info/tiffin-mayor-aaron-montz-to-step-down-and-assume-seneca-county-economic-development-role/ Montz will take office as chairman of the Tiffin-Seneca Economic Partnership on July 5. TIFFIN, Ohio – He’s been running Tiffin for more than a decade. If he doesn’t go far, the city’s youngest ever elected mayor will step down in a matter of weeks. When Aaron Montz was elected mayor in 2012, he became […]]]>

Montz will take office as chairman of the Tiffin-Seneca Economic Partnership on July 5.

TIFFIN, Ohio – He’s been running Tiffin for more than a decade. If he doesn’t go far, the city’s youngest ever elected mayor will step down in a matter of weeks.

When Aaron Montz was elected mayor in 2012, he became the youngest mayor in Tiffin’s history when he took office aged 26.

And after 10 years in office, Montz has accepted a new role, as chairman of the Tiffin-Seneca Economic Partnership.

Montz said it was a bittersweet decision, as the city has seen tremendous leaps in development and growth under his administration.

“The city is in the best financial position we’ve ever been in, we’re sitting on the biggest cash reserves we’ve ever had. We have the best team of department heads we’ve ever seen in the city, ” he said. “So I feel like I’ve set things up perfectly for the next mayor to carry on and keep our success at the next level.”

Other county officials look forward to working with Montz in a countywide role, as he has acted as a source of optimism and hope for the city’s younger generation of officials.

“I’m one of the many, I believe, who’s seen that. I’ve seen Aaron Montz grow up, I’ve seen his leadership with the city, and I said ‘Hey, one day I might play a community role, helping and helping the momentum of the city,” said Bryce Riggs, executive director of the Seneca Regional Chamber of Commerce.

“Aaron has been instrumental in the spirit of collaboration that has led to our success here in Seneca County,” said Seneca County Commissioner Mike Kerschner. “I think he will do great things at TSEP [Tiffin-Seneca Economic Partnership] and we look forward to working together in this capacity. »

Montz will begin his new role in county economic development on July 5.

He says he looks forward to tackling larger issues in Seneca County, like workforce development and the need for more housing, as soon as possible.

“Whether it’s our villages, our townships, you know we have great facilities in the counties as well. So now I’m going to be able to use my talents, take them all over the county and continue to help the Seneca County as a whole and turn the tide here to help everyone across the county,” Montz said.

Bridget Boyle, president of Tiffin City Council, will be acting mayor until August 5.

At that time, the city council will review all of the mayoral candidates and vote on who will serve in the final year of Montz’s term.

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Hanoi aims to boost nighttime economic development | Company https://watervalleychamber.info/hanoi-aims-to-boost-nighttime-economic-development-company/ Wed, 15 Jun 2022 07:31:00 +0000 https://watervalleychamber.info/hanoi-aims-to-boost-nighttime-economic-development-company/ Walkers in Dong Kinh Nghia Thuc Square in the Hoan Kiem district of Hanoi. (Photo: VNA) Hanoi (VNA) – Hanoi is working to expand its nocturnal economic activities form a typical economic sector that contributes to the socio-economic development of the capital. The city’s main nightlife centers include Old Quarter streets such as Ta Hien, […]]]>

Walkers in Dong Kinh Nghia Thuc Square in the Hoan Kiem district of Hanoi. (Photo: VNA)

Hanoi (VNA) – Hanoi is working to expand its nocturnal economic activities form a typical economic sector that contributes to the socio-economic development of the capital.

The city’s main nightlife centers include Old Quarter streets such as Ta Hien, Luong Ngoc Quyen, Ma May, Hang Ngang, Hang Dao, Dong Xuan, Hang Bong and Hang Buom, where tourists often gather for shopping , and cooking and entertainment activities. The streets become busier on weekends.

The pedestrian streets around Hoan Kiem Lake also attract visitors. In the first three years of launch, the number of international visitors choosing to stay in Hoan Kiem District has increased by 13-22.8% every year, helping to increase state budget collection in the district.

This year, the city opened two more pedestrian zones, Trinh Cong Son Street and Son Tay Ancient Fortress.

According to Nguyen Dang Thao, Director of Duong Lam Ancient Village-Son Tay Ancient Fortress Board, every day a walking route of Son Tay Fortress receives about 10,000 visitors and even 15,000 on busy days. point.

Son Tay Fortress was a military base built in 1822 during the reign of King Minh Mang to protect the Imperial Citadel of Thang Long.

Night tours in Hanoiincluding “Decoding the Imperial Citadel of Thang Long” at Thang Long Imperial Citadel and the “Holy Night – Glorious Vietnamese Spirit” tour in Hoa Lo Prison also made the city more attractive at night.

As part of efforts to promote the city’s cultural values, boost its tourism development, and increase the stay time and spending of tourists, Hanoi is developing a plan to spearhead the development of the nightlife economy in the district of Hoan Kiem, with a focus on cultural activities, culinary services, entertainment and shopping.

Meanwhile, the city also plans to create additional nighttime pedestrian spaces around Ngoc Khanh Lake and Dao Ngoc-Ngu Xa Peninsula on Truc Bach Lake.

Hanoi aims to boost night economic development hinh anh 2Visitors on Ta Hien Street in the Old Quarter of Hanoi. (Photo: VNA)

Director of the municipal tourism department, Dang Huong Giang, said that in addition to focusing on potential areas for the development of the night economy, the city should clarify the conditions of certain night services and issue specific regulations. in the field as well as measures to manage infringements.

Earlier, the prime minister approved a plan to develop Vietnam’s night economy to allow certain activities to take place at night until 6 a.m. the next day in some major cities and tourist areas.

The project aims to harness the potential of the night economy in Vietnam to promote overall economic growth, improve residents’ incomes while limiting risks and negative impacts on political security, social order and security.

Under the project, nighttime activities would have extended opening hours in some key tourist areas, including Hanoi, Quang Ninh, Hai Phong, Ho Chi Minh City, Da Nang, Hoi An, Thua Thien-Hue, Can Tho, Da Lat and Phú Quoc.

After the pilot implementation, the evaluation of economic efficiency and management efficiency would be carried out to develop a working model of the night economy and extend it to other localities.

Specific nighttime activities permitted by the plan were not disclosed.

Under the project, policies to encourage businesses and business households to participate in the night economy would be developed, including improving their ability to access formal financial sources, particularly bank credit.

The promotion of tourism for night activities would be strengthened as well as the construction of night tourism products based on the cultural factors of each locality.

The prime minister also asked provincial and municipal people’s committees to study nighttime business models suitable for their regions.

The negative and positive impacts of nighttime activities must be carefully considered, the prime minister said.

The Prime Minister also asked localities to develop area plans to implement night activities in the future./.

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Osinbajo calls for more collaboration between African and global communities https://watervalleychamber.info/osinbajo-calls-for-more-collaboration-between-african-and-global-communities/ Tue, 14 Jun 2022 02:41:51 +0000 https://watervalleychamber.info/osinbajo-calls-for-more-collaboration-between-african-and-global-communities/ Africa’s development aspirations can be realized by deepening cooperation and collaboration with the rest of the world, according to Vice President Yemi Osinbajo (SAN). But the imperative for Africa’s economic sovereignty also exists because there are areas where public and private sector leaders must continue to strive for it. Osinbajo said so yesterday during the […]]]>

Africa’s development aspirations can be realized by deepening cooperation and collaboration with the rest of the world, according to Vice President Yemi Osinbajo (SAN). But the imperative for Africa’s economic sovereignty also exists because there are areas where public and private sector leaders must continue to strive for it.

Osinbajo said so yesterday during the opening panel of the ongoing Africa CEO Forum being held in the Ivorian city of Abidjan. The theme of the panel was: “Economic sovereignty: from ambition to action”.

In a press release published by his spokesperson, Laolu Akande, the vice-president who arrived yesterday evening in Côte d’Ivoire was welcomed at Félix Houphouët-Boigny international airport by the Ivorian Prime Minister, Mr. Patrick Achi.

Other speakers on the opening panel were President Nana Akufo-Addo of Ghana; the Managing Director of the International Finance Corporation, Mr. Makhtar Diop; the Governor of the Central Bank of Kenya, Dr. Patrick Njoroge; CEO of Telcar Cocoa, Kate Kanyi Tometi-Fotso and CEO of Instadeep, Karim Beguir.
Highlighting the need for collaboration between Africa and the rest of the world, Professor Osinbajo said: “I think we have to be a little more careful with the concept of economic sovereignty because we really need to collaborate more and with the way development is going, we have to look at some of these things.
“For example, if we look at the way technology is changing, which is critical for us in Nigeria, especially the taxation issues of tech companies and all that, obviously it’s difficult and it’s an expression major of sovereign power – the power to tax.

Continuing, the Vice President said: “The way the world and technology is structured today, there is no way you can use the same basis – personal and territorial basis for taxation. These are multinational companies that span across countries and continents.

Osinbajo noted that “we must cooperate with the world and the international tax system to ensure that we are able to derive maximum benefit from it. We need to sit at the table and ensure that all the various international tax initiatives favor us in Africa.

According to him, “as we look inwards, we have to be very careful to look outwards as well because a lot of money is obviously used by technology companies around the world and many of our countries are creators of value for these companies.

“We have a great need to look within and at the same time keep our eyes on the ball because we have to recognize that the world has moved beyond brick and mortar.
The world is now more focused on intellectual capital. We need to think about how we can work with the world to make the most of our intellectual capacity.

In another conversation with the forum organizers, BUA Group CEO Alhaji Abdulsamad Rabiu spoke about the concept of economic sovereignty, urging Africa to look inward as a way to accelerate development on the continent. .

He cited harnessing the opportunities offered by the African Continental Free Trade Agreement (AfCFTA) and improving infrastructure as some of the key areas for leaders on the continent to focus on.

Earlier during the opening ceremony of the forum, President Alassane Ouattara of Côte d’Ivoire hailed the initiative of the organizers to bring together leaders from the public and private sectors across the continent and beyond to discuss and develop new pathways to drive the transformation of economies across Africa.

He noted that while the COVID-19 pandemic may have had a negative impact on growth projections on the continent, the forum’s vision and similar efforts are geared towards “building new partnerships between the public and private sectors.” , in particular offering opportunities to young Africans with particular attention. on the green economy.
For his part, the President and Founder of the Africa CEO Forum, Amir Ben Yahmed, commended leaders across the continent for their efforts despite the disruptions to the global economy caused by the COVID-19 pandemic and the Russian conflict. -Ukrainian.

He noted that economic sovereignty, green economy and industrial transformation, among others, are new pathways to prosperity for Africa, adding that the intended impact of the AfCFTA on economies across the continent was based on on a viable and productive economy.
The president of the cice is also expected to hold bilateral meetings with the managing director of the International Finance Corporation (IFC), Mr. Makhtar Diop, and the special advocate of the SG of the United Nations on inclusive finance for development, his majesty, the Queen Maxima of the Netherlands.

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Duterte cites ‘Japan’s love for PH’, huge support for economic development – ​​Manila Bulletin https://watervalleychamber.info/duterte-cites-japans-love-for-ph-huge-support-for-economic-development-manila-bulletin/ Sun, 12 Jun 2022 06:59:00 +0000 https://watervalleychamber.info/duterte-cites-japans-love-for-ph-huge-support-for-economic-development-manila-bulletin/ President Duterte expressed his gratitude to Japan for its love for the Philippines and for helping the country in its economic development as if it were part of the Japanese archipelago. President Duterte attends the lowering of the Tunnel Boring Machine (TBM) of the first ever Metro Manila Metro Project (MMSP) at the MMSP complex […]]]>

President Duterte expressed his gratitude to Japan for its love for the Philippines and for helping the country in its economic development as if it were part of the Japanese archipelago.

President Duterte attends the lowering of the Tunnel Boring Machine (TBM) of the first ever Metro Manila Metro Project (MMSP) at the MMSP complex at Barangay Ugong in the city of Valenzuela on Sunday, June 12. (RTVM screenshots)

Duterte said this while witnessing the lowering of the tunnel boring machine (TBM) of the first-ever Metro Manila Metro Project (MMSP) at the MMSP complex in Barangay Ugong, Valenzuela city on Sunday, June 12.

In his speech, the President thanked Japan for its partnership with the Philippines in making the dream of having a metro a reality, especially the Japan International Cooperation Agency (JICA) for being an ally in initiatives that will benefit the Filipinos and will accelerate the economic development of the country.

He wondered, however, why Japan loves the Philippines so much.

“I cannot understand the love of the Japanese people for this Republic. There are so many projects in the country and pushed and sponsored by JICA (Japan International Cooperation Agency),” he said.

According to Duterte, he couldn’t help but feel that Japan was treating the Philippines as if it were a part of their country that needed development.

“So far, Japan has continued to help us as it seems, really, that we are part of the Japanese government,” he said.

“Para bang isang probinsya tayo (it’s as if we were a province). We are treated as almost a part of Japan that should be developed in due time,” he added.

The MMSP is the first underground rail system in the Philippines and one of the landmark projects of the Duterte administration’s Build, Build, Build program.

In February, the Philippines and Japan signed the 253.3 billion yen (112.1 billion pesos) loan agreement for Phase 1 of the Metro Manila Metro Project. This is the second tranche of the official development assistance loan. The first tranche of 104.53 billion yen was signed in March 2018.

The Subway project’s yen loan has an interest rate of 0.1% per annum (0.01% per annum for advisory services) and is repayable over 28 years after a 12-year grace period.

In his speech on Sunday, President Duterte said the payment terms suggest the project is already a gift from Japan.

“’Pag ganoon ang obligasyon mo, it is really gratis na ‘yan (If it’s your obligation, then it’s already really like gratis). It is a gift from the Japanese people to the Filipino people,” he said.

“Alam man nila na hirap tayo pero (They know we are poor but) for the purposes of truly – even the Philippines, [they] have to collect something, even if it is a symbolic amount so that everything is recorded and everything can be traced kung ano ang kulang, kung ano ang mali (if something is missing or wrong)”, a he added.

Convenience

The MMSP will have 13 metro stations in six cities in Metro Manila: Valenzuela City, Quezon City, Pasig City, Makati City, Taguig City and parts of Parañaque City.

It will stretch north and south of Metro Manila and is expected to provide convenient public transportation for all Filipino commuters when completed.

According to the president, the project will greatly help commuters as it will be a faster mode of transportation that will effectively allow them to do other things.

“This will really help commuters, especially those coming from Quezon City and going to Ninoy Aquino International Airport, to enjoy the convenience and comfort of a fast, efficient and modern transportation system,” Duterte said. .

“It will also save travelers a lot of time and energy, giving them the opportunity to be more productive and more focused on other worthwhile projects,” he added.

According to the Ministry of Foreign Affairs (MOFA) of Japan, this project will help relieve severe traffic congestion in Metro Manila by seeking to meet the growing demand for transportation.

It will also mitigate air pollution and climate change by developing a metro in Metro Manila. The implementation of this project is expected to contribute to sustainable growth by promoting investment in the Philippines.

During his 2019 visit, Duterte thanked Japan for its commitment to his government’s infrastructure program. He said the two countries have begun to build the golden age of strategic partnership.

“Our commitment and our determination testify to the desire to further expand the ties of cooperation. I dare say that given what we have accomplished and achieved, the Philippines and Japan are building a golden age [for] our strategic partnership,” Duterte said.

He also welcomed Japan’s reiteration that it is fully committed to the 1 trillion yen aid pledge to the Philippines.

“It covers [a] high-impact, high-value infrastructure projects that my country needs to sustain and drive our economic growth,” Duterte said.

“There will be some of the most ambitious and groundbreaking projects, including the Metro Manila Metro project, and major developments in regions and provinces,” he added.

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WHO’S HIRING: Niagara Region Hiring Associate Director of Economic Development https://watervalleychamber.info/whos-hiring-niagara-region-hiring-associate-director-of-economic-development/ Sat, 11 Jun 2022 01:09:47 +0000 https://watervalleychamber.info/whos-hiring-niagara-region-hiring-associate-director-of-economic-development/ The Niagara Region is looking to its economic future with a recent job posting for a new Associate Director of Economic Development. The full-time position will be based at the regional headquarters in Thorold and the application deadline is June 19. Here are three things you need to know. WHAT JOB IS AVAILABLE? Reporting to […]]]>

The Niagara Region is looking to its economic future with a recent job posting for a new Associate Director of Economic Development.

The full-time position will be based at the regional headquarters in Thorold and the application deadline is June 19.

Here are three things you need to know.

WHAT JOB IS AVAILABLE?

Reporting to the Region’s Director of Economic Development, the Associate Director position will be responsible for developing, implementing, monitoring and reporting on strategic economic development initiatives that are aligned with the plans of long-term economic development to foster regional economic growth.

WHAT QUALIFICATIONS DO I NEED?

A post-secondary degree in business administration, economic development, public administration, economics or an equivalent related field of study is required and a master’s degree is preferred. The position also requires a minimum of 10 years of experience in a leadership position in economic development or a related field, as well as previous experience in developing and managing the implementation of economic development strategies. long-term economic and commercial development. Niagara Region requires all newly hired employees to be fully vaccinated against COVID-19 as a condition of employment.

WHERE CAN I LEARN MORE?

For more information, visit the careers page on the Niagara Region Careers website, careers.niagararegion.ca.

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