We need an enthusiasm for manufacturing in the country, due to it will be the breeding ground for development of technology in the country and spur economic activities and trade that would vest it for more global trade, that would result into greater revenue in foreign currency , and effectively will grace the economy and better lives for the people.
First, Manufacturing specially in the fields of machinery and high technological products usable for military applications will give rise to more self-reliant approach towards our goal of securing our sovereignty by the effects of manufacturing.
The effects of high active industries for the country will spread to more local ownership of companies, industries of Filipinos as a stable source of the government to procure military needs from shipbuilding, land armored vehicles, weaponry, radar, drones, bullets and ammunition, rockets, missilery, that if become locally produced, is self-reliance. Most of all, maintenance is high cost if provided from offshore. Moreso, employment and a spurred growth for trade and commerce, and bigger revenue for the government are its good effects thereby saving our foreign reserves.
This opinion is a long settled argument in the discussion of improving the economy of the country through manufacturing as sampled by the first world economies of the world.
No comments:
Post a Comment