Bangladesh Economic & Infrastructure Development - Updates & Discussions

[Mage]

BD export growth was weak for last year but this has changed this fiscal. Also BD government has pretty much paid for Padma Bridge and so this drain will come to a stop very soon.
10 billion dollars extra for forex is unrealistic - 5 billion is a good target to aim for.

How about the payments for metro rail, Karnaphuli river tunnel, Elevated expressway and the new Airport?

 

[Nike]

My summary:

It needs higher level in both quantity and quality investment and training in vocational colleges and schools etc....than what is currently found in region. More key is that private companies are fully invested and integrated into this process so they can shape the talent to their needs...so that over time they can develop critical specialisation in a process/technology that goes into something bigger.

Germany had a key help through the Marshall program (post war) and its own heritage of industry + craft + specialized (esp materials) research...the Mittelstand did not come out of thin air. But there are basic concepts from it that can be applied anywhere with the right leadership and bureaucratic reform.

It does not even really enter into the equation for BD tbh right now (even compared to say what India has achieved in some sectors), unless BD govt gets its grubby hands out of all the excise duties and required bribes etc for any kind of SME trying to take shape.....and instead focuses on rule of law and standards (i.e the principal things a govt is there for rather than intervening excessively in the free market).

Simply saying SEZ this and SEZ that (like some members here seem to love doing) is really stupid as SMEs need to take shape outside the SEZs to feed them the supply of components....and start earning profits so they can long term re-invest and improve at a base level. India too had its SEZ = be all, end all phase (trying to carbon copy Chinese experience) till they stagnated big time and better reforms (which are still ongoing) had to happen for the SME base to really shape up (and thats where competition between states and political parties is a positive).

The reforms for the supply chains have to be comprehensive and thorough...but that necessarily requires the loss of (at least unitary) political ownership and control over industry at a micro-level (macro level can still be done as politically feelz needed through holding companies/SOE ownership).....but I don't see BAL being ready to let go of this....they prefer to put party over the country. @Atlas @Tanveer666

They need to reform their financial department, and bureaucracy system first. To creating a necessary ecosystems first, they need to uphold law and order, simplifying paperwork and permits along with supporting tax incentive. It will be hard for a new corporation to build an enterprise in Bangladesh, they need years if not decade to finish necessary paperwork and must pay visit to many institution

 

[bluesky]

Depends on the FDI...yes bulk of it is not some ToT but the actual capital transfer....but there is qualitative ToT in the FDI as well in the upper echelons of management and even RnD.

For example my company made an investment into a Chinese facility for manufacture of certain compressor stages in jet engine...and now the Chinese capacity through simply having throughput of the fabrication over time has refined and optimized the production process and QC (of a few specific compressors)....and some of these have even found their way back to our main Canadian facilities. Of course the core IP remains with us and that is not transferred to anyone else...but there is this kind of shop RnD (from even just production side) that comes with enough basic FDI flow.

Not to mention worker training is also included in FDI....and is retained long term (both the training itself and the concept and attitude towards training/advancement in the larger culture and society). This is key because a purely local company investment has no idea in what and how to bring key specifics regarding best practices and knowledge that was developed over many decades by much wealthier countries.

Now China has actually moved to the stage where it pretty much forces some IP transfer over time (I remember you brought this up with Japanese investments in China, but it happens across the board...and is part of the reason for the Trump tariff war)...so there is that side too...but that is more govt directive through taking advantage of the deploy capital's low velocity rather than part of concept of FDI per se.

Well explained.

 

[UKBengali]

How about the payments for metro rail, Karnaphuli river tunnel, Elevated expressway and the new Airport?

Nothing for 5 years for Chinese loans and I think nothing for 10 years for Japanese loans.

 

[Mage]

By Daniel Gay

This name

 

[Mage]

Nothing for 5 years for Chinese loans and I think nothing for 10 years for Japanese loans.

So what after 10 years? Will we have to sell the country?

Wow.....what happened? That was quite a massive purge. Any reason @Slav Defence

 

[Species]

There is another sticky thread on Bangladesh economy,
https://defence.pk/pdf/threads/bangladesh-economy-news-updates.10487/

 

[Homo Sapiens]

So what after 10 years? Will we have to sell the country?

Wow.....what happened? That was quite a massive purge. Any reason @Slav Defence
View attachment 522111

It is a massacre. All the threads and posts I have posted in PDF in the last 2 weeks sent to oblivion.

 

[Mage]

It is a massacre. All the threads and posts I have posted in PDF in the last 2 weeks sent to oblivion.

They could've merged the earlier threads but merging the currently active threads like this is kinda vexing.

 

[UKBengali]

So what after 10 years? Will we have to sell the country?

BD economy will be much larger to be able to pay them back.

 

[Mage]

Sometimes I feel like we should migrate to a different place. Pakistanis insult us, our race, our history, our leaders(who represent the country in the international level) and the mods usually turn a blind eye. When we hit back only then they start taking actions.

It's a shame.....this site is probably the best place to discuss various topics about Bangladesh, where you can get a balanced view of things and a lot of knowledgeable non Bangladeshi guys to offer their insights as well.

 

[doorstar]

Sometimes I feel like we should migrate to a different place. Pakistanis insult us, our race, our history, our leaders(who represent the country in the international level) and the mods usually turn a blind eye. When we hit back only then they start taking actions.

It's a shame.....this site is probably the best place to discuss various topics about Bangladesh, where you can get a balanced view of things and a lot of knowledgeable non Bangladeshi guys to offer their insights as well.

Simple solution:
Stop bragging and exaggerating your LDC dependent status, people will automatically stop contradicting you and reminding you all of the actual facts. Your history is an epic of shameful betrayals. Your leaders should be entitled Mir Jaffars. Your economy is dependent on goodwill and charity of other nations

 

[Mage]

Simple solution:
Stop bragging and exaggerating your LDC dependent status, people will automatically stop contradicting you by reminding you all of the actual facts. Your history is an epic of shameful betrayals. Your leaders should be entitled Mir Jaffars. Your economy is dependent on goodwill and charity of other nations

I don't have to hear this from someone who is ashamed of his own origin to the point of using flags of other nationality.

 

[Mage]

Says the guy from a former colonial empire.

Pretty sure he's not a Brit. You think average Brits know about Mir Jafar or care enough to dig about the problems Bangladesh might face if it graduates from LDC?

 

[JohnWick]

Do not cry when Bangladeshi posters hit back and accuse us about hating Pakistan.