Bangladesh scouts for Indian investors; wants Tatas to return

[idune]

this is pretty old news.. sources are a bit difficult to find but here's one http://newsfrombangladesh.net/view.php?hidRecord=83462

I have quite some info and links but I am not posting these bacause there is no point feeding indians as they will spin something else once you give them proof.

 

[Gabbar]

this is pretty old news.. sources are a bit difficult to find but here's one http://newsfrombangladesh.net/view.php?hidRecord=83462

Good effort sleen but this, like you said, is pretty old. BD government is not going to allow TATA's come back in under same conditions, if it was widely protested by the people of BD. Only thing certain at this time is that BD government wants TATA's back but nothing else have been annouced. Details can only come out after the meetings right?
Nothing wrong with for attracting companies to invest in your country. I live in Canada, pretty rich in oil and gas, and i work in oil and gas industry. Government here provide lots of incentives to foreign companies to invest here. Incentives like Tax brakes, price brakes etc. So its nothing new to provide incentives. Incentives are good for the economy and people as long is its under the law and people are not against it. As far as enviornment is concerned, try googling OIL TAR SAND OF CANADA, you will see how's its done in the west.

 

[saleen_s7]

Good effort sleen but this, like you said, is pretty old. BD government is not going to allow TATA's come back in under same conditions, if it was widely protested by the people of BD. Only thing certain at this time is that BD government wants TATA's back but nothing else have been annouced. Details can only come out after the meetings right?
Nothing wrong with for attracting companies to invest in your country. I live in Canada, pretty rich in oil and gas, and i work in oil and gas industry. Government here provide lots of incentives to foreign companies to invest here. Incentives like Tax brakes, price brakes etc. So its nothing new to provide incentives. Incentives are good for the economy and people as long is its under the law and people are not against it. As far as enviornment is concerned, try googling OIL TAR SAND OF CANADA, you will see how's its done in the west.

agree with you 100%, only and only if the conditions are negotiated. Regardless of being an Indian or a Bengali, you have to admit, the corporate/political people among us are a bit cynical then we want them to be. Given the current undeniable pro indians stance of awami league, I doubt if any of the conditions has been altered to our side.

 

[cybertron]

Any company which is setting up plant in a distant country would ask for tax waivers. Its the governments responsibility to negotiate the terms.

 

[Gabbar]

agree with you 100%, only and only if the conditions are negotiated. Regardless of being an Indian or a Bengali, you have to admit, the corporate/political people among us are a bit cynical then we want them to be. Given the current undeniable pro indians stance of awami league, I doubt if any of the conditions has been altered to our side.

Ok, fine I get that you have lagitimate concern. But under BNP's anti-India stand how you will see any Indian investment worth billions in BD? BNP may offer same incentives to chinese companies, will you protest than? Best part of democracy is that, if you dont like your government, you can change them. period.

 

[saleen_s7]

Ok, fine I get that you have lagitimate concern. But under BNP's anti-India stand how you will see any Indian investment worth billions in BD? BNP may offer same incentives to chinese companies, will you protest than? Best part of democracy is that, if you dont like your government, you can change them. period.

I have not come across any deal BNP has given to chinese companies in which they wanted as much in return. In our countries, anyone who can just write their name are considered literate. Logics, reasoning and facts are secondary to propagandas, manipulation and fake hopes.

 

[eastwatch]

Since tata left, local investors set up steel mills one of the largest in south asia. In Bangladesh if there is enough power supply we have enough local investors to do virtually anything we want. Dont need plundering scheme for tata or anyone like that.

Largest steel co goes into operation today

Jasim Uddin Haroon

BSRM Steel Limited, the country's largest -- 375000-tonne capacity -- steel plant, will go into commercial operation today (Saturday).

The new steel company, a subsidiary of BSRM Group, has been set up at Fouzdarhat in Chittagong at a cost of around Tk 4.7 billion with technical assistance of Danieli, an Italian company.

BSRM Steel Ltd., its production capacity being at only 375,000 ton/year, is certainly not at par with big TATA. But, it is our own company. It is our duty to support our medium-sized companies which will turn into big conglomerates in the course of only in another 10years. We have the patience to wait until then. People should also know that BD is already exporting some of the steel items to african countries at the tune of more than 80,000 ton per year.

Cheers!