BIH, SEZA Sign MoU
Monday, October 14, 2019
BIH CEO Allan Boshwaen
Speaking during the signing last week, BIH CEO Allan Boshwaen said the MoU is beneficial as it allows them to market their products better internationally.
“The MoU comes in handy as we are looking to attract investors in the innovation and technology sector with some already setup at the science and technology park,” he said.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...