BD has a heavy focus on improving it's IT infrastructure and so getting a chunk of the outsourcing market is a realistic possibility in the latter part of this decade.
It opened a Tier 4 datacentre in 2019 in Bangabandhu Hi-Tech City which is the 7th largest in the world at the start of 2022...
Walton has kind of even surprised me with the progress it has made in it's own design and fabrication technologies.
Only a year ago, it was having to import it's own 4K display panels for it's 4K TVs but now it designs and manufactures multiple LCD displays for a range of 4K TVs it offers...
Actually China is making progress faster than thought.
Huawei has already sent a request for patent for it's own EUV technology. It will take some years before it is fabricating chips using this process but it shows the Chinese are able to bit by bit source all the technology of designing and...
Very exciting new industry currently being set up in BD.
I can see a future of Walton being the main player and being supplied by an eco-system of smaller companies in the design and sub-components/machines area.
The other thing is that as the Chinese will soon have their own independent...
BD does not even need to be close to the leading edge when it sets out to build its own fab as it can design and produce chips for devices and products like fridges, TVs, trains etc that do not need as small fabrication node tech compared to mobile phones, laptops etc.
As the future gets more...
Like I say this is very early days but 10-15 years down the line, Walton could be in a position to build its own fab like another home electronics manufacturer Samsung did.
Walton is a now a fast growing billion dollar company and has those deep pockets to make the investments that are required in this industry.
I believe that BAL will fully support the incubation and development of this industry in BD.
@BananaRepublicUK
I think you have this wrong as Walton has committed to going into the semiconductor industry.
Not only would this help them eventually break into one of the most important industries in the world but it would also lessen dependence for chips for their devices on outside...
Do you know that Walton employs 30,000 people in its one site south of Dhaka?
It will set up a new factory by 2026 that will employ 15,000 people.
To industrialise in the modern age, you need to set up factories that employ thousands of people at a time. That is the only way you get the...
Total and utter fool.
We are talking about remittances being healthy due to high energy prices and so demand for migrant labour and he is talking about Hundi. :cheesy:
No-one said the Gulfies have raised wages and so no idea why the clown brought that up.
My advice to you dude is to have realistic expectations when living in another country.
No-one gets treated fairly when living in someone else's country.
Elon Musk,a white S African, could not get a job in IT as no-one would hire him in USA and so had to set up his own business.
Once your...
Remittances will stay high as predicted as the Gulfies are making LOTS of money from the high energy prices.
Qatar is making a killing by selling gas at exorbitant prices as one example.
@Tom-tom is usually a balanced poster and I would not categorise him as a BNP troll.
I think his thinking has been affected by his personal situation of struggling in the UK.
BD economy will power ahead and when Roopur nuclear power plant is ready in 2024-2025 and hydroelectric power starts...
BD in 2036 will be a country of 200 million people with plenty of hotel rooms due to a population that increasingly uses hotels when visiting other cities or going on holiday within the country.
I doubt whether a single hotel specifically for visitors would be required to be built for visitors...
There is no requirement for BD to borrow any money to build the infrastructure for the Olympic Games.
In 2022 it would be something like 4 months worth of exports and in 2036 maybe single month of exports spread over a whole decade.
Like I say all that BD would need to build in addition by...
This is the only thing that should matter and making sure that you can keep everyone safe.
BD is a very safe country and security at the Olympic Games would be water-tight to guarantee everyone's safety.
Looking at some of the comments so far, there is a key point that those against are...