The Ministry of Economic Affairs, Entrepreneurship and Technological Innovation (EZOTI) has concluded strategic discussions with the Suriname Trade and Industry Association (VSB) regarding a multi-year development initiative in partnership with the United Nations Industrial Development Organization (UNIDO). The Programme for Country Partnership (PCP), scheduled for implementation from 2026 through 2031, formed the central focus of these high-level consultations.
During the comprehensive dialogue, both parties examined the pivotal role of the private sector within this ambitious framework. Key discussion points included industrial capacity enhancement, promotion of local content in production and services, generation of sustainable employment opportunities, and overall improvement of the business environment. Representatives from EZOTI and VSB unanimously emphasized that robust collaboration between government and industry is fundamental to achieving broader economic diversification and resilience.
The negotiations also addressed persistent operational challenges faced by Surinamese enterprises, particularly regarding bureaucratic efficiency. Participants identified critical areas for improvement, including the modernization and simplification of government services, resolving labor market constraints, and implementing measures to boost innovation, productivity, and corporate competitiveness.
In a significant procedural development, both institutions agreed to institutionalize their consultations through more frequent and structured meetings. This systematic approach aims to ensure closer alignment between policy formulation and practical implementation.
The ministry and business association have committed to active collaboration in further refining and executing the PCP program. The ultimate objective remains strengthening Suriname’s industrial base and creating more favorable conditions for entrepreneurial growth throughout the nation.