I advise Bangladesh not to have FTA with China and India to give good supportive environment for domestic industry to grow. And we know that it is difficult for domestic private owned company to compete with giant global companies, it is why there should be effort made to grow state owned companies as well.Well what'd expect from braindead corrupt Bangladeshi officials ? And most Bangladeshis don't like Bangladesh anyways and that's why they move to better nations , and that's why Bangladesh's passport sUcks in world ranking.
Bangladesh is country that keeps screaming we need aid while at the same time celebrating for basic infrastructure. Of course the country isn't going to grow , it's been 50 years and Bangladesh isn't still developed.
Most people in Bangladesh don't have hope for the country , so that's why they celebrate for basic things like proper infrastructure or basic ship building.
Bangladesh is a nation that dreams of becoming developed while at the same time not putting enough effort into it.
Other Bangladesh's may say " MUH HUH WE MAKE MEDICINE AND AL DEVELOPED THIS SHITHOLE" but for me I don't see that much improvement in Bangladesh compared to 90s Bangladesh.
Same sHithole with minor improvements , that's how I see Bangladesh
When your economy is based around mostly fk making clothes and exporting fish , good luck cause any other tech related manufacturing in Bangladesh needs foreign support or tools.
State owned companies can be successful as well like happening in China and Singapore, Indonesia also has big state owned companies where the revenue alone is comparable with 1/5 Indonesia GDP and is still quite profitable. https://www.wsj.com/articles/indonesia-makes-play-for-infrastructure-investment-1425592554
Making ship engine is not easy but state owned companies can be tasked to do so while private owned companies usually avoid that kind of endevour due to high risk and high investment problem, not to mention the competitor is established foreign companies from German, South Korea, Japan etc. At least component like steels should be made inside the country.