Value creation is not sustainable unless infrastructure follows development. A strong economy requires a steady and targeted development of transportation, healthcare, and energy. These are not local interests, but the basis for Iceland's foreign exchange earnings and the foundation of living standards throughout the country.
The first phase of the Suðurfjörður Highway in the East Fjords is a clear example. Improved transportation not only contributes to increased safety for citizens, but also strengthens the operating conditions of export industries, reduces costs and increases competitiveness. Such a project is not a cost, but a profitable investment.
The same applies to ports. The municipality Fjarðabyggð has undertaken a vigorous development of port infrastructure without the involvement of the Port Improvement Fund because we consider the development to be an investment. It is a clear statement of intent that the area should be prepared for the next period of growth.
Investor interest is there. Whether it's salmon farming, oil exploration, transportation, or green energy parks, to name a few. The opportunities are real.
But bigger decisions await the government. Continuing development for value creation requires energy procurement and a clear policy regarding resource utilization. Investments depend on predictability in licensing and energy security. If decisions are not made, investment will look elsewhere.
We in Fjarðabyggð We are ready. We have built up the facilities and capacity.
We want to take responsibility and participate in continued value creation.
It requires a concerted effort.
Infrastructure development is not a requirement for special treatment. It is a prerequisite for the nation's income base to continue to strengthen.