Saving and Investment Funds

Good monetary and fiscal policy, good regulations etc are not enough for sustainable economic growth. We need competent, competitive, visionary and driven entrepreneurial who organize capital and talent, create and produce staff and do marketing and selling of products.

We have to provide the cheapest talented industrious disciplined work force, clean, safe efficient and ready work space, and cheap electricity and logistics for local or foreigner investor in order to choose investors with good technology and reputation that who can pay tax and rent fairly for local, regional and national governments.

All local governments and the 5-7 big cities will have their own industrial park,  low and middle skill workers dominators, and high skill foreigners residential areas and one separate market town. These high-rise industrial park will have tens of millions of square meter industrial and offices spaces and for maximum one million (for cities two million) low and middle skill workers first class accommodations, dining, entertaining, clinics, sport, religious spaces etc and a separate residential area for maximum 50-70,000 high skilled workers (for cities up to half a million) with their family.

All local, regional and national government will have independent saving, investment, economic growth and wealth generating sovereign funds. All local, regional and national Saving and Investment Funds are independent government agencies but also one that is ultimately accountable to the public and the appropriate Baito. ቆሓይን Saving and Investment Fund is accountable to the people of ቆሓይን and to the Baito of ቆሓይን. The local, regional and national baito’s will establish annual return profit size and margin target, efficiency target, investment target, training and merit base promotions for citizens and intensives for the chief executive of the Saving and Investment fund. The president, ministers, governors etc will have no say and no right to intervene how the chief executive is managing and making decisions in his Saving and Investment Fund and his industrial park except collecting their taxes and profits. He/she has to deliver the targets that set-up by baito or he will be fired.

Local saving and investment institution objectives

1, Generate economic growth, wealth and income for local administration.

2, Create jobs for local citizens

3, Manage local citizens saving and pension

4, Create investment opportunity for local and international investors

Regional saving and investment institution objectives

1, Generate economic growth, wealth and income for regional administration.

2, Invest in strategic regional infrastructure and companies

3, Create investment opportunity for local and international investors

National saving and investment institution objectives

1, Generate economic growth, wealth and income for regional administration.

2, manage national hard currency reserve