Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: form 3cd :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: VAT Audit :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: list of goods taxed at 4%
News Headlines »
 Provisional Enrollment under Goods and Service Tax (GST)
 Ten income tax changes that will come in to effect from April 1
 New income tax provisions you need to be aware of
 8 benefits you must know about this tax-saving mutual fund
 10 most important income-tax changes which will apply from April 1
 Delhi: 54 CAs, company secretaries on radar in I-T crackdown against black money
 10 Income Tax Rules That Will Change From April. See Details Herea
 Looking for last-minute tax planning with Section 80C investments? Here's help
 Aadhaar mandatory for filing income tax return
 Will Aadhaar linkage solve India's income tax woes?
 GST roll out from July 1 will make goods cheaper: Jaitley

Onslow leaders make 5-year plan to build economy
May, 26th 2008

The Jacksonville Onslow Economic Development office has a plan - at least for the next five years.

At the Jacksonville-Onslow Committee of 100's annual business meeting, Economic Development Executive Director Jim Reichardt presented the five-year business plan, which outlines the committee's five basic goals for the upcoming years.

The overall goal is to increase the wages and earning level of all the residents in Onslow County, Reichardt said.

An economic development study conducted by a trio of consulting firms that began in the middle of 2007 and ended with a final report presented in January was the jumping off point for the creation of the plan.

"They said this is what we recommend, so we took that information and we formed the five initiatives," Reichardt said. "You'll find components of their study within each of the five initiatives."

The study produced a list of both short- and long-term goals for the county.

"The first five years are to tackle the short-term goals," Reichardt said.

The first of the five initiatives is the creation of a business retention and expansion program that aims to maintain constant communication with various industries in the area, Reichardt said.

The second initiative is new business recruitment. A list of target businesses and industries that would have the greatest potential of operating successfully in Onslow County will be compiled and contacts made within those industries, Reichardt said.

Some of the industries being considered are aviation and aerospace; military and civilian transportation equipment; inbound logistics centers; communication equipment; and boat manufacturing and repair.

Communicating with the Department of Commerce regarding the types of companies that the county is trying to attract is also part of the second initiative.

In order to continue to grow, Onslow County needs to be "successful in attracting other types of companies," Reichardt said.

No. 3 on the list is product development.

"Simultaneous to the recruitment effort, we have to make sure every one of our business and industrial parks in the county are shovel ready," Reichardt said.

Onslow County needs to entice local investors to construct buildings without a tenant in mind so existing buildings are available to potential businesses and outside industries, he said.

The fourth incentive of investment growth and development will try to enlarge the sphere of influence within the county by having a more representative group within the Committee of 100, Reichardt explained.

Partnership development through public partnerships is the fifth incentive. Expansion of the economic development team to include a more diverse group of community leaders and helping municipalities to be more aware of the county's building resources is the main objective of this initiative, Reichardt said.

The five initiatives are just the skeleton of the overall plan, Reichardt said. Plans to "put the meat on the package" are in the works, and a "full-blown plan" is expected to be completed at some point in the summer, he said.

"We are going to continue to build specific goals within each initiative," he said.

Two elements necessary to bringing new industry to the area are continued cooperation and communication between city and county governments, and interest among members of the business community, said Doug Byrd, existing industry director at Jacksonville Onslow Economic Development.

One of the major concerns is the loss of transitioning military after retirement or discharge from service.

"(The county needs to) be able to attract the types of companies that would provide quality jobs to keep transitioning military in Onslow County," Reichardt said. "You couldn't ask for more highly-trained, educated individuals - that's what we're losing."

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions