3.0 Plan-Specific Actions and Time-Bound Measurable (TBM) Targets
Plan-Specific Actions
P9.1
Commission a Report on the
establishment of a
Foundation for Military Engagement in Commerce
(FMEC) to serve as a National Agency for promoting and
facilitating the involvement of serving, retired and
demobilize military personnel as well as military
establishments, organizations and associations in
commercial ventures
Implement an initiative to set-up Army Business Cooperatives (ABCs) and Army Business Entities (ABEs) to
engage in business and commercial activities in all
sectors of the economy.
Plan-Action
Prerequisites and
Linkages
Prerequisites
Non
P9.2
Ministry of Defense and National
Security to Commission and
complete the FMEC Report by
2001
Plan-Action Linkages
Plan-Action
Implementation
Agency
Ministry of Defense
and National
Security
Set-up FMEC by 2002
Non
Prerequisites
The setting-up of FMEC
Note: The ABCs and ABEs will operate under the
auspices of FMEC and will be involve in the agriculture
sector (ABCs and ABEs in Agriculture); the ICT industry
(ABCs and ABEs in the ICT industry); cottage industry
(ABCs and ABEs in the cottage industry); and in the
service sector (ABCs and ABEs in the service sector
including the ICT service sector).
Time-Bound Measurable Targets
Ministry of Defense and National
Security to Commission and
complete a Report on the
Guidelines for setting-up ABCs and
ABEs by 2002
Ministry of Defense
and National
Security
Plan-Action Linkages
Non
Begin setting up ABCs and ABEs
by 2003
Membership of the ABCs and ABEs will be made up of
serving, retire and demobilized military personnel of all
ranks. The ABCs will operate more like NGOs involve in
commercial ventures while the ABEs will operate as fully
fledged registered companies with the membership being
the share holders of the company. The formation of an
ABC or ABE to engage in any business venture can be
undertaken by any group of military personnel who
voluntary come together for this purpose provided the
guidelines set-up by FMEC are followed. It is also
possible for a given Military establishment to set up its
own ABCs or ABEs.
182
Interested Military
Personnel with
assistance from
FMEC