An Update to the Kentucky Chamber’s 2015 Four Pillars for Prosperity Report
FRANKFORT, Ky. — Making Kentucky more competitive and creating a higher quality of life for its residents is the focus of a report released April 11, 2019 by the Kentucky Chamber of Commerce.
4 Pillars 4 Prosperity: Making Kentucky More Competitive is centered around four pillars that frame a vision for a more prosperous Kentucky and reflect key goals to ensure progress for the Commonwealth:
- A Healthy, Educated and Skilled Workforce. We must create a globally competitive talent development system that produces a healthy, educated and skilled workforce, benchmarked against the best education and workforce preparation systems in the world.
- Quality, Knowledge-Based Jobs. We must enhance Kentucky’s competitive business environment and implement economic development initiatives that recognize the potential of Kentucky’s distinct regions and industry sectors while encouraging knowledge-based entrepreneurship and innovation.
- 21st Century Infrastructure. We must create and maintain a modern infrastructure to capitalize on the state’s strategic advantages, including low-cost energy and central location.
- Effective and Efficient Government. We must create and sustain an effective and efficient system of state and local governments that are financially stable, invest in education to improve prospects for the future and, together, create a competitive environment for economic growth.