January 22, 2013
HONOLULU – In his third State of the State address, Gov. Neil Abercrombie today outlined plans to maximize the state’s sound fiscal footing and improving economy by focusing on business innovation, food and energy security, and early childhood education.
“Two years ago, our administration had just taken office amidst an extremely difficult fiscal and economic outlook,” Gov. Abercrombie said. “But as a result of our collaborative efforts, shared sacrifice and judicious administrative action, we have made clear progress and are again looking at a healthy positive balance. Now, we must move from the status quo and provide for future generations of Hawaii.”
To further economic improvement, the Governor has asked Lt. Gov. Shan S. Tsutsui to take a lead role in expediting investment in the state’s economy via construction, repair and maintenance projects and public private ventures. These long-range investments, including capital improvement projects, have already helped to stimulate the island economy and generate local jobs while improving public infrastructure and facilities.
Furthermore, the Governor proposed the creation of the “HI Growth Initiative,” a new state investment program focused on building a vibrant environment for innovation that supports entrepreneurial high-growth businesses and creates high-wage jobs. The program will engage with the private sector to startup and grow creative and innovative companies.
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