Floor Speech Supporting an Economic Diversification Authority

Floor Speech Supporting an Economic Diversification Authority
Tuesday, March 4, 2003

Mr. Speaker, I rise in support of Standing Committee Report Number 836.

Mr. Speaker, many of our state departments and agencies work hard to economically develop their subject matters. However, there needs to be greater coordination between these government entities to ensure economic diversification occurs. House Bill 1579 House Draft 1 addresses this by creating an authority that will coordinate the State's efforts to create a plan, develop policies, strategize in how we market Hawaii, and find ways to eliminate or reduce barriers to diversify our economy. Therefore, to make Hawaii competitive in the global market, we must take action now to diversify our economy.

Thank you Mr. Speaker