Technology can enhance competitiveness

ICT has changed the way in which industrialisation for small economies like T&T can happen, said Ronald Hinds, chairman of the e-commerce Roundtable of T&T. He said 30 years ago, industrialisation was seen as a manufacturing and import substitution and the infrastructure that was important for that world was roads, ports and packaging.In this era that world still exists, but the question is what are the ports and the roads in this digital era? It is the Internet and payment systems because these facilitate the industries of this era. Transformation and diversification mean we need to get into other businesses. MORE